HighTower Advisors LLC Increases Stock Position in Invesco BulletShares 2029 Municipal Bond ETF $BSMT

HighTower Advisors LLC grew its holdings in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 19.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 133,450 shares of the company’s stock after purchasing an additional 21,649 shares during the quarter. HighTower Advisors LLC owned approximately 1.40% of Invesco BulletShares 2029 Municipal Bond ETF worth $3,083,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the stock. Key Financial Inc lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 2.5% in the 3rd quarter. Key Financial Inc now owns 119,392 shares of the company’s stock valued at $2,757,000 after buying an additional 2,860 shares in the last quarter. MONECO Advisors LLC raised its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 7.7% in the third quarter. MONECO Advisors LLC now owns 128,810 shares of the company’s stock worth $2,976,000 after acquiring an additional 9,159 shares during the last quarter. Atlantic Union Bankshares Corp lifted its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 5.4% in the third quarter. Atlantic Union Bankshares Corp now owns 177,716 shares of the company’s stock valued at $4,105,000 after acquiring an additional 9,140 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 153.8% in the third quarter. Jones Financial Companies Lllp now owns 28,319 shares of the company’s stock valued at $653,000 after acquiring an additional 17,161 shares in the last quarter. Finally, Paulson Wealth Management Inc. boosted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 71.3% during the third quarter. Paulson Wealth Management Inc. now owns 30,237 shares of the company’s stock valued at $698,000 after acquiring an additional 12,589 shares during the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Trading Up 0.1%

Invesco BulletShares 2029 Municipal Bond ETF stock opened at $23.38 on Friday. The stock has a 50-day moving average price of $23.26 and a 200 day moving average price of $23.13. Invesco BulletShares 2029 Municipal Bond ETF has a 52 week low of $21.87 and a 52 week high of $23.41.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 23rd will be given a $0.05 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, February 23rd.

Invesco BulletShares 2029 Municipal Bond ETF 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.