Hills Bank & Trust Co Raises Stake in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Hills Bank & Trust Co increased its stake in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 124.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 236,215 shares of the company’s stock after acquiring an additional 131,171 shares during the quarter. Hills Bank & Trust Co owned about 0.07% of Invesco BulletShares 2029 Municipal Bond ETF worth $5,550,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Asset Dedication LLC lifted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 2.3% during the 3rd quarter. Asset Dedication LLC now owns 23,528 shares of the company’s stock worth $521,000 after purchasing an additional 523 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 5.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 16,506 shares of the company’s stock worth $388,000 after purchasing an additional 887 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 11.3% in the third quarter. Commonwealth Equity Services LLC now owns 20,039 shares of the company’s stock worth $443,000 after purchasing an additional 2,038 shares during the last quarter. Addison Advisors LLC boosted its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 25.5% in the third quarter. Addison Advisors LLC now owns 14,595 shares of the company’s stock valued at $323,000 after purchasing an additional 2,965 shares during the last quarter. Finally, CGN Advisors LLC increased its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 5.3% during the 4th quarter. CGN Advisors LLC now owns 94,986 shares of the company’s stock valued at $2,232,000 after purchasing an additional 4,772 shares in the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

BSMT traded down $0.04 on Friday, reaching $23.08. 8,491 shares of the company’s stock were exchanged, compared to its average volume of 29,170. The stock’s fifty day moving average price is $23.15 and its 200-day moving average price is $23.09. Invesco BulletShares 2029 Municipal Bond ETF has a twelve month low of $21.80 and a twelve month high of $23.59.

Invesco BulletShares 2029 Municipal Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd were paid a $0.0533 dividend. The ex-dividend date of this dividend was Monday, April 22nd. This represents a $0.64 annualized dividend and a dividend yield of 2.77%.

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.