Precedent Wealth Partners LLC Acquires 39,835 Shares of Invesco BulletShares 2030 Municipal Bond ETF $BSMU

Precedent Wealth Partners LLC lifted its holdings in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 19.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 239,517 shares of the company’s stock after acquiring an additional 39,835 shares during the quarter. Precedent Wealth Partners LLC’s holdings in Invesco BulletShares 2030 Municipal Bond ETF were worth $5,004,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in BSMU. Bank of America Corp DE raised its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 19.1% in the 1st quarter. Bank of America Corp DE now owns 267,567 shares of the company’s stock worth $5,836,000 after purchasing an additional 42,944 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 2.3% during the second quarter. NewEdge Advisors LLC now owns 217,003 shares of the company’s stock worth $4,756,000 after buying an additional 4,904 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 0.6% during the first quarter. Kestra Advisory Services LLC now owns 129,192 shares of the company’s stock worth $2,818,000 after buying an additional 816 shares in the last quarter. Parkway Wealth Management Group LLC boosted its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 6.3% during the first quarter. Parkway Wealth Management Group LLC now owns 113,188 shares of the company’s stock worth $2,487,000 after buying an additional 6,756 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in Invesco BulletShares 2030 Municipal Bond ETF by 6.7% in the second quarter. Envestnet Asset Management Inc. now owns 112,964 shares of the company’s stock worth $2,476,000 after buying an additional 7,057 shares during the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

Invesco BulletShares 2030 Municipal Bond ETF stock opened at $21.26 on Friday. Invesco BulletShares 2030 Municipal Bond ETF has a 1 year low of $20.56 and a 1 year high of $22.31. The firm’s 50 day moving average price is $21.30 and its two-hundred day moving average price is $21.66.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Monday, October 19th will be given a dividend of $0.0535 per share. This is a boost from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.0517. The ex-dividend date is Monday, October 19th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.0%.

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.