Cambridge Financial Group LLC Purchases New Position in Invesco BulletShares 2029 Municipal Bond ETF $BSMT

Cambridge Financial Group LLC purchased a new position in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 22,955 shares of the company’s stock, valued at approximately $530,000. Cambridge Financial Group LLC owned 0.25% of Invesco BulletShares 2029 Municipal Bond ETF at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF in the second quarter valued at approximately $34,000. JPMorgan Chase & Co. grew its stake in Invesco BulletShares 2029 Municipal Bond ETF by 91.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,461 shares of the company’s stock valued at $169,000 after acquiring an additional 3,569 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in Invesco BulletShares 2029 Municipal Bond ETF in the 2nd quarter worth $206,000. Foundry Financial Group Inc. acquired a new position in Invesco BulletShares 2029 Municipal Bond ETF during the second quarter worth $216,000. Finally, Royal Bank of Canada raised its position in Invesco BulletShares 2029 Municipal Bond ETF by 18.4% during the first quarter. Royal Bank of Canada now owns 11,037 shares of the company’s stock worth $251,000 after acquiring an additional 1,717 shares during the period.

Invesco BulletShares 2029 Municipal Bond ETF Trading Down 0.0%

Shares of NASDAQ BSMT opened at $23.11 on Tuesday. The company’s 50-day simple moving average is $23.10 and its 200-day simple moving average is $22.94. Invesco BulletShares 2029 Municipal Bond ETF has a 52-week low of $21.87 and a 52-week high of $23.28.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Investors of record on Monday, November 24th were issued a $0.0508 dividend. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date was Monday, November 24th.

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.