Stratos Wealth Advisors LLC Raises Stake in Invesco BulletShares 2030 Municipal Bond ETF $BSMU

Stratos Wealth Advisors LLC lifted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 203.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 118,083 shares of the company’s stock after buying an additional 79,129 shares during the quarter. Stratos Wealth Advisors LLC owned approximately 1.55% of Invesco BulletShares 2030 Municipal Bond ETF worth $2,539,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of BSMU. LPL Financial LLC grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 4.0% in the first quarter. LPL Financial LLC now owns 387,581 shares of the company’s stock valued at $8,364,000 after purchasing an additional 14,781 shares during the period. Hills Bank & Trust Co grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 4.2% in the first quarter. Hills Bank & Trust Co now owns 340,704 shares of the company’s stock valued at $7,352,000 after purchasing an additional 13,576 shares during the period. Jane Street Group LLC grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 134.5% in the first quarter. Jane Street Group LLC now owns 215,298 shares of the company’s stock valued at $4,646,000 after purchasing an additional 123,496 shares during the period. Raymond James Financial Inc. grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 8.7% in the first quarter. Raymond James Financial Inc. now owns 187,085 shares of the company’s stock valued at $4,037,000 after purchasing an additional 14,970 shares during the period. Finally, Envision Financial Planning LLC grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 0.7% in the first quarter. Envision Financial Planning LLC now owns 180,857 shares of the company’s stock valued at $3,903,000 after purchasing an additional 1,337 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

Invesco BulletShares 2030 Municipal Bond ETF stock opened at $22.06 on Friday. Invesco BulletShares 2030 Municipal Bond ETF has a 1 year low of $20.59 and a 1 year high of $22.23. The firm has a 50 day moving average price of $21.86 and a 200 day moving average price of $21.56.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.0499 per share. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date was Monday, September 22nd.

Invesco BulletShares 2030 Municipal Bond ETF Profile

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.