Invesco BulletShares 2029 Municipal Bond ETF (BSMT) to Issue Monthly Dividend of $0.05 on July 24th

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) announced a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Stockholders of record on Monday, July 20th will be paid a dividend of 0.0541 per share on Friday, July 24th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Monday, July 20th. This is a 1.3% increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

BSMT stock opened at $22.92 on Wednesday. Invesco BulletShares 2029 Municipal Bond ETF has a twelve month low of $22.68 and a twelve month high of $23.41. The stock’s 50 day moving average is $23.05 and its 200-day moving average is $23.15.

Institutional Investors Weigh In On Invesco BulletShares 2029 Municipal Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BSMT. Harbor Investment Advisory LLC boosted its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 92.9% during the 1st quarter. Harbor Investment Advisory LLC now owns 1,350 shares of the company’s stock worth $31,000 after acquiring an additional 650 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF in the first quarter valued at about $51,000. PNC Financial Services Group Inc. raised its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 24.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,660 shares of the company’s stock valued at $62,000 after purchasing an additional 520 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 680.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,362 shares of the company’s stock valued at $78,000 after purchasing an additional 2,931 shares in the last quarter. Finally, Anchor Investment Management LLC lifted its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 300.0% during the fourth quarter. Anchor Investment Management LLC now owns 4,000 shares of the company’s stock valued at $93,000 after purchasing an additional 3,000 shares in the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Company Profile

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.