Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Shares Purchased by Ameriprise Financial Inc.

Ameriprise Financial Inc. raised its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 10.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 311,982 shares of the company’s stock after buying an additional 30,004 shares during the period. Ameriprise Financial Inc. owned approximately 4.27% of Invesco BulletShares 2029 Municipal Bond ETF worth $7,157,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BSMT. First Command Advisory Services Inc. grew its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 16.3% in the 4th quarter. First Command Advisory Services Inc. now owns 4,146 shares of the company’s stock worth $95,000 after purchasing an additional 580 shares during the last quarter. Jacobi Capital Management LLC grew its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 5.6% in the 4th quarter. Jacobi Capital Management LLC now owns 11,328 shares of the company’s stock worth $260,000 after purchasing an additional 600 shares during the last quarter. Silverlake Wealth Management LLC grew its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 6.5% in the 4th quarter. Silverlake Wealth Management LLC now owns 14,117 shares of the company’s stock worth $324,000 after purchasing an additional 862 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 22.4% in the 4th quarter. Jones Financial Companies Lllp now owns 5,271 shares of the company’s stock worth $121,000 after purchasing an additional 966 shares during the last quarter. Finally, WealthBridge Capital Management LLC grew its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 12.2% in the 4th quarter. WealthBridge Capital Management LLC now owns 11,745 shares of the company’s stock worth $269,000 after purchasing an additional 1,278 shares during the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Stock Up 0.1%

Shares of BSMT opened at $22.55 on Friday. The firm’s 50 day moving average is $22.59 and its 200-day moving average is $22.89. Invesco BulletShares 2029 Municipal Bond ETF has a 12-month low of $21.87 and a 12-month high of $23.45.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Monday, May 19th will be paid a $0.0573 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $0.69 annualized dividend and a dividend yield of 3.05%. This is a boost from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.06.

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.