NewEdge Advisors LLC Boosts Stock Holdings in Invesco BulletShares 2029 Municipal Bond ETF $BSMT

NewEdge Advisors LLC raised its stake in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 16.7% during the first quarter, Holdings Channel reports. The firm owned 199,494 shares of the company’s stock after purchasing an additional 28,476 shares during the period. NewEdge Advisors LLC’s holdings in Invesco BulletShares 2029 Municipal Bond ETF were worth $4,593,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Harbor Investment Advisory LLC raised its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 92.9% in the 1st quarter. Harbor Investment Advisory LLC now owns 1,350 shares of the company’s stock worth $31,000 after buying an additional 650 shares during the period. Western Wealth Management LLC purchased a new stake in Invesco BulletShares 2029 Municipal Bond ETF during the first quarter valued at about $51,000. PNC Financial Services Group Inc. grew its position in Invesco BulletShares 2029 Municipal Bond ETF by 24.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,660 shares of the company’s stock valued at $62,000 after acquiring an additional 520 shares during the period. Steward Partners Investment Advisory LLC increased its stake in 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 worth $78,000 after acquiring an additional 2,931 shares during the last quarter. Finally, Anchor Investment Management LLC increased its stake in 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 worth $93,000 after acquiring an additional 3,000 shares during the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

Invesco BulletShares 2029 Municipal Bond ETF stock opened at $23.03 on Wednesday. Invesco BulletShares 2029 Municipal Bond ETF has a 12 month low of $22.78 and a 12 month high of $23.41. The stock’s 50-day moving average is $23.02 and its 200-day moving average is $23.11.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were issued a $0.0541 dividend. The ex-dividend date was Monday, July 20th. This is a positive change from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) annualized dividend and a yield of 2.8%.

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.