Captrust Financial Advisors Buys 480 Shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Captrust Financial Advisors increased its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 19,119 shares of the company’s stock after acquiring an additional 480 shares during the quarter. Captrust Financial Advisors owned about 0.26% of Invesco BulletShares 2029 Municipal Bond ETF worth $439,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 2,891.5% during the 4th quarter. JPMorgan Chase & Co. now owns 3,500 shares of the company’s stock valued at $80,000 after purchasing an additional 3,383 shares during the last quarter. Principal Securities Inc. bought a new position in Invesco BulletShares 2029 Municipal Bond ETF during the fourth quarter valued at approximately $94,000. First Command Advisory Services Inc. boosted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 16.3% during the fourth quarter. First Command Advisory Services Inc. now owns 4,146 shares of the company’s stock valued at $95,000 after buying an additional 580 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 22.4% during the 4th quarter. Jones Financial Companies Lllp now owns 5,271 shares of the company’s stock valued at $121,000 after buying an additional 966 shares in the last quarter. Finally, YANKCOM Partnership bought a new stake in Invesco BulletShares 2029 Municipal Bond ETF in the 4th quarter worth approximately $125,000.

Invesco BulletShares 2029 Municipal Bond ETF Stock Down 0.4%

Shares of BSMT opened at $22.61 on Tuesday. Invesco BulletShares 2029 Municipal Bond ETF has a 1 year low of $21.87 and a 1 year high of $23.45. The business’s 50 day simple moving average is $22.61 and its 200-day simple moving average is $22.89.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 23rd. Investors of record on Monday, May 19th will be paid a dividend of $0.0573 per share. This is an increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date is Monday, May 19th. This represents a $0.69 dividend on an annualized basis and a yield of 3.04%.

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.