Massmutual Trust Co. FSB ADV Sells 544 Shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Massmutual Trust Co. FSB ADV reduced its position in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT – Get Rating) by 2.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,053 shares of the company’s stock after selling 544 shares during the quarter. Massmutual Trust Co. FSB ADV owned approximately 1.17% of Invesco BulletShares 2029 Municipal Bond ETF worth $482,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in Invesco BulletShares 2029 Municipal Bond ETF during the 1st quarter valued at $3,474,000. Lmcg Investments LLC purchased a new position in Invesco BulletShares 2029 Municipal Bond ETF during the 3rd quarter valued at $1,629,000. Citadel Advisors LLC purchased a new position in Invesco BulletShares 2029 Municipal Bond ETF during the 2nd quarter valued at $1,065,000. CGN Advisors LLC increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 16.8% during the 3rd quarter. CGN Advisors LLC now owns 41,521 shares of the company’s stock valued at $911,000 after purchasing an additional 5,986 shares during the period. Finally, Equitable Holdings Inc. purchased a new position in Invesco BulletShares 2029 Municipal Bond ETF during the 3rd quarter valued at $557,000.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2029 Municipal Bond ETF stock opened at $23.26 on Friday. The company’s fifty day simple moving average is $23.23 and its two-hundred day simple moving average is $22.78. Invesco BulletShares 2029 Municipal Bond ETF has a 12-month low of $21.76 and a 12-month high of $24.52.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 24th. Shareholders of record on Wednesday, February 22nd were given a dividend of $0.048 per share. This represents a $0.58 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date was Tuesday, February 21st.

About Invesco BulletShares 2029 Municipal Bond ETF

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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.