Verdence Capital Advisors LLC purchased a new position in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 34,100 shares of the company’s stock, valued at approximately $759,000. Verdence Capital Advisors LLC owned 0.26% of Invesco BulletShares 2029 Municipal Bond ETF at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of the business. Harbor Investment Advisory LLC grew its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 92.9% during the 1st quarter. Harbor Investment Advisory LLC now owns 1,350 shares of the company’s stock valued at $31,000 after acquiring an additional 650 shares during the period. Western Wealth Management LLC bought a new position in Invesco BulletShares 2029 Municipal Bond ETF in the 1st quarter worth $51,000. Fifth Third Bancorp bought a new position in Invesco BulletShares 2029 Municipal Bond ETF in the 1st quarter worth $107,000. Ascentis Independent Advisors bought a new position in Invesco BulletShares 2029 Municipal Bond ETF in the 1st quarter worth $140,000. Finally, Private Advisor Group LLC purchased a new position in Invesco BulletShares 2029 Municipal Bond ETF during the first quarter valued at $212,000.
Invesco BulletShares 2029 Municipal Bond ETF Stock Performance
NASDAQ BSMT opened at $22.70 on Friday. The business’s fifty day moving average is $22.57 and its 200 day moving average is $22.98. Invesco BulletShares 2029 Municipal Bond ETF has a fifty-two week low of $22.03 and a fifty-two week high of $23.41.
Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were paid a $0.0553 dividend. This represents a $0.66 annualized dividend and a dividend yield of 2.9%. This is an increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.0519. The ex-dividend date of this dividend was Monday, October 19th.
About Invesco BulletShares 2029 Municipal Bond ETF
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.
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