Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Declares $0.05 Monthly Dividend

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) declared a monthly dividend on Monday, November 24th. Shareholders of record on Monday, November 24th will be given a dividend of 0.0508 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Monday, November 24th.

Invesco BulletShares 2029 Municipal Bond ETF Stock Down 0.2%

NASDAQ BSMT traded down $0.04 on Monday, reaching $23.08. The company had a trading volume of 51,302 shares, compared to its average volume of 48,218. Invesco BulletShares 2029 Municipal Bond ETF has a 1 year low of $21.87 and a 1 year high of $23.45. The firm has a 50-day moving average of $23.11 and a 200-day moving average of $22.89.

Institutional Investors Weigh In On Invesco BulletShares 2029 Municipal Bond ETF

A number of large investors have recently added to or reduced their stakes in BSMT. Wealth Enhancement Advisory Services LLC purchased a new position in Invesco BulletShares 2029 Municipal Bond ETF in the 2nd quarter valued at about $206,000. Atlantic Union Bankshares Corp increased its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 11.9% during the second quarter. Atlantic Union Bankshares Corp now owns 168,576 shares of the company’s stock worth $3,828,000 after acquiring an additional 17,958 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 13.0% in the first quarter. Invesco Ltd. now owns 211,426 shares of the company’s stock worth $4,808,000 after acquiring an additional 24,308 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 22.1% in the first quarter. LPL Financial LLC now owns 213,416 shares of the company’s stock worth $4,853,000 after acquiring an additional 38,654 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 23.0% in the first quarter. Envestnet Asset Management Inc. now owns 113,277 shares of the company’s stock valued at $2,576,000 after purchasing an additional 21,198 shares during the last quarter.

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.