Coastline Complete Wealth LLC Invests $1.59 Million in Invesco BulletShares 2029 Municipal Bond ETF $BSMT

Coastline Complete Wealth LLC purchased a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 68,900 shares of the company’s stock, valued at approximately $1,595,000. Invesco BulletShares 2029 Municipal Bond ETF accounts for approximately 1.0% of Coastline Complete Wealth LLC’s investment portfolio, making the stock its 22nd biggest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its stake in Invesco BulletShares 2029 Municipal Bond ETF by 24.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,660 shares of the company’s stock valued at $62,000 after buying an additional 520 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 680.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,362 shares of the company’s stock worth $78,000 after acquiring an additional 2,931 shares during the period. Capital Analysts LLC acquired a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF in the 4th quarter worth $156,000. JPMorgan Chase & Co. boosted its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 91.7% in the second quarter. JPMorgan Chase & Co. now owns 7,461 shares of the company’s stock valued at $169,000 after acquiring an additional 3,569 shares in the last quarter. Finally, IFG Advisory LLC purchased a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF in the third quarter valued at about $213,000.

Invesco BulletShares 2029 Municipal Bond ETF Trading Up 0.1%

Shares of Invesco BulletShares 2029 Municipal Bond ETF stock opened at $23.13 on Friday. Invesco BulletShares 2029 Municipal Bond ETF has a 52-week low of $22.64 and a 52-week high of $23.41. The company’s 50-day simple moving average is $23.08 and its 200-day simple moving average is $23.16.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were issued 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.