Atlantic Union Bankshares Corp Raises Stock Position in Invesco BulletShares 2029 Municipal Bond ETF $BSMT

Atlantic Union Bankshares Corp boosted its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 11.9% in the second quarter, HoldingsChannel reports. The firm owned 168,576 shares of the company’s stock after buying an additional 17,958 shares during the period. Atlantic Union Bankshares Corp’s holdings in Invesco BulletShares 2029 Municipal Bond ETF were worth $3,828,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in BSMT. Farther Finance Advisors LLC purchased a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF during the 2nd quarter valued at about $34,000. Larson Financial Group LLC purchased a new position in Invesco BulletShares 2029 Municipal Bond ETF during the first quarter valued at approximately $125,000. Wealth Enhancement Advisory Services LLC purchased a new position in Invesco BulletShares 2029 Municipal Bond ETF during the second quarter valued at approximately $206,000. Opulen Financial Group LLC acquired a new position in Invesco BulletShares 2029 Municipal Bond ETF in the first quarter valued at approximately $210,000. Finally, Foundry Financial Group Inc. purchased a new stake in Invesco BulletShares 2029 Municipal Bond ETF in the 2nd quarter worth approximately $216,000.

Invesco BulletShares 2029 Municipal Bond ETF Stock Up 0.2%

Shares of NASDAQ BSMT opened at $23.08 on Friday. The firm’s 50 day simple moving average is $23.10 and its 200-day simple moving average is $22.83. Invesco BulletShares 2029 Municipal Bond ETF has a 12 month low of $21.87 and a 12 month high of $23.45.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 24th. Shareholders of record on Monday, October 20th were issued a $0.0514 dividend. The ex-dividend date of this dividend was Monday, October 20th. This represents a c) dividend on an annualized basis and a yield of 2.7%.

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.