HighTower Advisors LLC Boosts Stake in Invesco BulletShares 2029 Municipal Bond ETF $BSMT

HighTower Advisors LLC lifted its position in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 50.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 200,173 shares of the company’s stock after acquiring an additional 66,723 shares during the quarter. HighTower Advisors LLC owned 1.87% of Invesco BulletShares 2029 Municipal Bond ETF worth $4,634,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Meridian Wealth Management LLC boosted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 3.1% during the 4th quarter. Meridian Wealth Management LLC now owns 26,955 shares of the company’s stock worth $624,000 after acquiring an additional 800 shares in the last quarter. Equitable Holdings Inc. lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 4.0% in the 3rd quarter. Equitable Holdings Inc. now owns 35,652 shares of the company’s stock valued at $824,000 after buying an additional 1,372 shares in the last quarter. Farmers National Bank lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 3.1% in the 3rd quarter. Farmers National Bank now owns 49,604 shares of the company’s stock valued at $1,146,000 after buying an additional 1,509 shares in the last quarter. Royal Bank of Canada lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 18.4% in the 1st quarter. Royal Bank of Canada now owns 11,037 shares of the company’s stock valued at $251,000 after buying an additional 1,717 shares in the last quarter. Finally, Horizons Wealth Management lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 8.8% in the 4th quarter. Horizons Wealth Management now owns 23,301 shares of the company’s stock valued at $539,000 after buying an additional 1,877 shares in the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Stock Up 0.2%

Shares of Invesco BulletShares 2029 Municipal Bond ETF stock opened at $23.05 on Friday. Invesco BulletShares 2029 Municipal Bond ETF has a twelve month low of $22.52 and a twelve month high of $23.41. The firm’s 50-day moving average price is $23.06 and its 200 day moving average price is $23.16.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were paid a $0.0545 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a c) dividend on an annualized basis and a yield of 2.8%. This is a boost from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.05.

About Invesco BulletShares 2029 Municipal Bond ETF

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.