Key Financial Inc Buys 4,450 Shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU)

Key Financial Inc boosted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 4.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 114,675 shares of the company’s stock after purchasing an additional 4,450 shares during the period. Key Financial Inc’s holdings in Invesco BulletShares 2030 Municipal Bond ETF were worth $2,540,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. bought a new position in Invesco BulletShares 2030 Municipal Bond ETF during the first quarter valued at about $46,000. Horizons Wealth Management boosted its position in Invesco BulletShares 2030 Municipal Bond ETF by 23.4% during the second quarter. Horizons Wealth Management now owns 6,595 shares of the company’s stock worth $145,000 after purchasing an additional 1,250 shares during the period. Bill Few Associates Inc. bought a new position in Invesco BulletShares 2030 Municipal Bond ETF during the second quarter worth about $201,000. Astoria Portfolio Advisors LLC. bought a new position in Invesco BulletShares 2030 Municipal Bond ETF during the second quarter worth about $212,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Invesco BulletShares 2030 Municipal Bond ETF by 25.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,042 shares of the company’s stock worth $219,000 after purchasing an additional 2,047 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

NASDAQ:BSMU traded down $0.02 on Friday, reaching $21.77. 17,970 shares of the company’s stock were exchanged, compared to its average volume of 29,124. Invesco BulletShares 2030 Municipal Bond ETF has a 52 week low of $20.82 and a 52 week high of $22.80. The stock has a fifty day simple moving average of $22.04 and a 200-day simple moving average of $21.93.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were issued a $0.055 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.03%. This is an increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, October 21st.

Invesco BulletShares 2030 Municipal Bond ETF Profile

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.