HighTower Advisors LLC Has $4.61 Million Position in Invesco BulletShares 2030 Municipal Bond ETF $BSMU

HighTower Advisors LLC raised its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 41.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 209,108 shares of the company’s stock after buying an additional 61,735 shares during the period. HighTower Advisors LLC owned about 1.94% of Invesco BulletShares 2030 Municipal Bond ETF worth $4,606,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of BSMU. Royal Bank of Canada boosted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 10.0% during the 1st quarter. Royal Bank of Canada now owns 13,949 shares of the company’s stock valued at $301,000 after buying an additional 1,265 shares during the period. NewEdge Advisors LLC bought a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 1st quarter valued at $56,000. Jones Financial Companies Lllp raised its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 104.5% during the 1st quarter. Jones Financial Companies Lllp now owns 9,463 shares of the company’s stock valued at $223,000 after purchasing an additional 4,836 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 134.5% during the 1st 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 in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 1.4% during the 2nd quarter. Invesco Ltd. now owns 159,854 shares of the company’s stock valued at $3,437,000 after purchasing an additional 2,218 shares in the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

Invesco BulletShares 2030 Municipal Bond ETF stock opened at $21.86 on Friday. The firm’s fifty day simple moving average is $21.89 and its 200-day simple moving average is $22.03. Invesco BulletShares 2030 Municipal Bond ETF has a 1-year low of $21.31 and a 1-year high of $22.31.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were given a dividend of $0.0531 per share. The ex-dividend date of this dividend was Monday, May 18th. This is an increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a yield of 2.9%.

About Invesco BulletShares 2030 Municipal Bond ETF

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.