Northwestern Mutual Wealth Management Co. Has $2.08 Million Holdings in Invesco BulletShares 2030 Municipal Bond ETF $BSMU

Northwestern Mutual Wealth Management Co. increased its position in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 43.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 94,411 shares of the company’s stock after buying an additional 28,703 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.87% of Invesco BulletShares 2030 Municipal Bond ETF worth $2,079,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. IFG Advisory LLC acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF during the fourth quarter worth $265,000. Key Financial Inc raised its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 6.2% in the fourth quarter. Key Financial Inc now owns 126,590 shares of the company’s stock valued at $2,788,000 after purchasing an additional 7,373 shares during the last quarter. Harbour Investments Inc. increased its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 201.7% during the fourth quarter. Harbour Investments Inc. now owns 26,739 shares of the company’s stock worth $589,000 after buying an additional 17,877 shares during the last quarter. HighTower Advisors LLC increased its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 41.9% during the fourth quarter. HighTower Advisors LLC now owns 209,108 shares of the company’s stock worth $4,606,000 after buying an additional 61,735 shares during the last quarter. Finally, Hills Bank & Trust Co lifted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 76.7% during the 4th quarter. Hills Bank & Trust Co now owns 432,344 shares of the company’s stock valued at $9,522,000 after buying an additional 187,718 shares during the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Trading Down 0.0%

BSMU opened at $21.90 on Friday. The firm has a 50-day moving average price of $21.89 and a 200-day moving average price of $22.02. Invesco BulletShares 2030 Municipal Bond ETF has a twelve month low of $21.34 and a twelve month 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 was Monday, May 18th. This is a boost from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) annualized dividend and a yield of 2.9%.

Invesco BulletShares 2030 Municipal Bond ETF Company 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.