Invesco BulletShares 2029 Municipal Bond ETF Declares Monthly Dividend of $0.05 (NASDAQ:BSMT)

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) declared a monthly dividend on Monday, February 23rd. Stockholders of record on Monday, February 23rd will be given a dividend of 0.05 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, February 23rd.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

BSMT traded down $0.05 during trading on Monday, reaching $23.35. 33,032 shares of the stock traded hands, compared to its average volume of 44,304. Invesco BulletShares 2029 Municipal Bond ETF has a fifty-two week low of $21.87 and a fifty-two week high of $23.41. The stock’s 50-day simple moving average is $23.24 and its two-hundred day simple moving average is $23.12.

Institutional Investors Weigh In On Invesco BulletShares 2029 Municipal Bond ETF

Several institutional investors have recently made changes to their positions in the company. Invesco Ltd. raised its position in Invesco BulletShares 2029 Municipal Bond ETF by 17.1% during the fourth quarter. Invesco Ltd. now owns 280,320 shares of the company’s stock valued at $6,489,000 after acquiring an additional 40,970 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 9.4% during the 4th quarter. NewEdge Advisors LLC now owns 171,018 shares of the company’s stock valued at $3,959,000 after purchasing an additional 14,730 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 86.9% in the 4th quarter. Cetera Investment Advisers now owns 22,612 shares of the company’s stock valued at $523,000 after purchasing an additional 10,512 shares during the last quarter. Equitable Holdings Inc. boosted its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 1.7% in the fourth quarter. Equitable Holdings Inc. now owns 36,275 shares of the company’s stock worth $840,000 after purchasing an additional 623 shares in the last quarter. Finally, Osaic Holdings Inc. increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 16.3% during the fourth quarter. Osaic Holdings Inc. now owns 94,202 shares of the company’s stock worth $2,181,000 after buying an additional 13,190 shares during the last quarter.

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.