Raymond James Financial Services Advisors Inc. Purchases New Holdings in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Raymond James Financial Services Advisors Inc. acquired a new position in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,619 shares of the company’s stock, valued at approximately $359,000. Raymond James Financial Services Advisors Inc. owned 0.74% of Invesco BulletShares 2029 Municipal Bond ETF at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Nelson Van Denburg & Campbell Wealth Management Group LLC purchased a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF during the first quarter valued at $200,000. LPL Financial LLC purchased a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF in the second quarter valued at approximately $249,000. Bank of America Corp DE grew its stake in Invesco BulletShares 2029 Municipal Bond ETF by 27.2% in the fourth quarter. Bank of America Corp DE now owns 11,431 shares of the company’s stock worth $262,000 after purchasing an additional 2,446 shares in the last quarter. Key Financial Inc purchased a new position in Invesco BulletShares 2029 Municipal Bond ETF during the 1st quarter worth $323,000. Finally, Commonwealth Equity Services LLC bought a new stake in Invesco BulletShares 2029 Municipal Bond ETF during the 1st quarter valued at $335,000.

Invesco BulletShares 2029 Municipal Bond ETF Trading Up 0.5 %

Shares of BSMT stock opened at $22.07 on Friday. Invesco BulletShares 2029 Municipal Bond ETF has a twelve month low of $21.80 and a twelve month high of $23.67. The stock has a fifty day simple moving average of $22.29 and a two-hundred day simple moving average of $22.73.

Invesco BulletShares 2029 Municipal Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 27th. Investors of record on Tuesday, October 24th were paid a $0.0507 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date of this dividend was Monday, October 23rd.

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.