Wedmont Private Capital Purchases New Position in Invesco BulletShares 2029 Municipal Bond ETF $BSMT

Wedmont Private Capital acquired a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 31,078 shares of the company’s stock, valued at approximately $717,000. Wedmont Private Capital owned approximately 0.25% of Invesco BulletShares 2029 Municipal Bond ETF at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 1,260.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,039,660 shares of the company’s stock valued at $24,068,000 after buying an additional 963,241 shares during the last quarter. Hills Bank & Trust Co grew its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 10.8% during the fourth quarter. Hills Bank & Trust Co now owns 633,116 shares of the company’s stock worth $14,657,000 after acquiring an additional 61,687 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 5.0% in the 4th quarter. Wells Fargo & Company MN now owns 579,299 shares of the company’s stock valued at $13,411,000 after acquiring an additional 27,762 shares during the period. Bank of America Corp DE increased its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 10.2% in the 1st quarter. Bank of America Corp DE now owns 291,824 shares of the company’s stock valued at $6,719,000 after acquiring an additional 27,076 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 17.1% in the 4th 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 during the period.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

NASDAQ BSMT opened at $22.74 on Thursday. The firm’s fifty day moving average is $22.95 and its two-hundred day moving average is $23.05. Invesco BulletShares 2029 Municipal Bond ETF has a one year low of $22.72 and a one year high of $23.41.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were issued a $0.0552 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 2.9%. This is a boost from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2029 Municipal Bond ETF 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.