Precedent Wealth Partners LLC Has $1.61 Million Stock Position in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU)

Precedent Wealth Partners LLC raised its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 74,271 shares of the company’s stock after buying an additional 2,878 shares during the quarter. Precedent Wealth Partners LLC’s holdings in Invesco BulletShares 2030 Municipal Bond ETF were worth $1,613,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of BSMU. Arlington Capital Management Inc. bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the 3rd quarter valued at $204,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 25.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,042 shares of the company’s stock valued at $219,000 after buying an additional 2,047 shares during the period. D.A. Davidson & CO. grew its position in Invesco BulletShares 2030 Municipal Bond ETF by 6.7% during the third quarter. D.A. Davidson & CO. now owns 10,350 shares of the company’s stock worth $229,000 after buying an additional 650 shares in the last quarter. MML Investors Services LLC increased its stake in Invesco BulletShares 2030 Municipal Bond ETF by 8.9% during the third quarter. MML Investors Services LLC now owns 13,862 shares of the company’s stock valued at $307,000 after acquiring an additional 1,128 shares during the period. Finally, Stifel Financial Corp acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF in the 3rd quarter valued at approximately $368,000.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMU opened at $21.72 on Friday. Invesco BulletShares 2030 Municipal Bond ETF has a 1-year low of $21.51 and a 1-year high of $22.47. The business’s 50 day moving average is $21.87 and its 200-day moving average is $21.95.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were paid a dividend of $0.0506 per share. The ex-dividend date of this dividend was Tuesday, January 21st.

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.