Sentinel Pension Advisors LLC Acquires 3,494 Shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Sentinel Pension Advisors LLC boosted its holdings in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 13.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,509 shares of the company’s stock after acquiring an additional 3,494 shares during the quarter. Sentinel Pension Advisors LLC owned 0.37% of Invesco BulletShares 2029 Municipal Bond ETF worth $671,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Toronto Dominion Bank bought a new position in Invesco BulletShares 2029 Municipal Bond ETF in the 4th quarter valued at approximately $72,000. JPMorgan Chase & Co. lifted its position in Invesco BulletShares 2029 Municipal Bond ETF by 2,891.5% in the 4th quarter. JPMorgan Chase & Co. now owns 3,500 shares of the company’s stock valued at $80,000 after acquiring an additional 3,383 shares in the last quarter. Principal Securities Inc. bought a new position in Invesco BulletShares 2029 Municipal Bond ETF in the 4th quarter valued at approximately $94,000. First Command Advisory Services Inc. lifted its position in Invesco BulletShares 2029 Municipal Bond ETF by 16.3% in the 4th quarter. First Command Advisory Services Inc. now owns 4,146 shares of the company’s stock valued at $95,000 after acquiring an additional 580 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in Invesco BulletShares 2029 Municipal Bond ETF by 22.4% in the 4th quarter. Jones Financial Companies Lllp now owns 5,271 shares of the company’s stock valued at $121,000 after acquiring an additional 966 shares in the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Trading Down 0.2%

Shares of BSMT opened at $22.55 on Friday. The firm has a fifty day simple moving average of $22.54 and a two-hundred day simple moving average of $22.85. Invesco BulletShares 2029 Municipal Bond ETF has a 1-year low of $21.87 and a 1-year high of $23.45.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 23rd. Shareholders of record on Monday, May 19th were paid a dividend of $0.0573 per share. The ex-dividend date was Monday, May 19th. This is a positive change from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.06. This represents a $0.69 dividend on an annualized basis and a yield of 3.05%.

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.