Legacy Private Trust Co. Purchases 64,920 Shares of Invesco BulletShares 2029 Municipal Bond ETF $BSMT

Legacy Private Trust Co. acquired a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 64,920 shares of the company’s stock, valued at approximately $1,445,000. Legacy Private Trust Co. owned 0.50% of Invesco BulletShares 2029 Municipal Bond ETF at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of BSMT. Harbor Investment Advisory LLC increased its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 92.9% in the 1st quarter. Harbor Investment Advisory LLC now owns 1,350 shares of the company’s stock worth $31,000 after acquiring an additional 650 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF during the first quarter valued at approximately $51,000. Anchor Investment Management LLC increased its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 300.0% during the fourth quarter. Anchor Investment Management LLC now owns 4,000 shares of the company’s stock valued at $93,000 after purchasing an additional 3,000 shares in the last quarter. Fifth Third Bancorp purchased a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF during the first quarter valued at approximately $107,000. Finally, Ascentis Independent Advisors purchased a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF during the first quarter valued at approximately $140,000.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2029 Municipal Bond ETF stock traded up $0.01 during midday trading on Tuesday, hitting $22.32. The company had a trading volume of 85,099 shares, compared to its average volume of 53,750. The company has a 50 day moving average of $22.74 and a 200 day moving average of $22.94. Invesco BulletShares 2029 Municipal Bond ETF has a 52-week low of $22.03 and a 52-week high of $23.41.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a dividend of $0.0519 per share. The ex-dividend date was Monday, September 21st. This is a drop from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.0552. This represents a $0.62 annualized dividend and a dividend yield of 2.8%.

Invesco BulletShares 2029 Municipal Bond ETF Company Profile

The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.