80,405 Shares in Invesco BulletShares 2029 Municipal Bond ETF $BSMT Acquired by Kinetic Wealth Investment Advisors LLC

Kinetic Wealth Investment Advisors LLC purchased a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 80,405 shares of the company’s stock, valued at approximately $1,852,000. Invesco BulletShares 2029 Municipal Bond ETF makes up 0.9% of Kinetic Wealth Investment Advisors LLC’s holdings, making the stock its 22nd largest holding. Kinetic Wealth Investment Advisors LLC owned 0.65% of Invesco BulletShares 2029 Municipal Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. UBS Group AG increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 29.9% during the 4th quarter. UBS Group AG now owns 180,590 shares of the company’s stock worth $4,181,000 after purchasing an additional 41,558 shares in the last quarter. Hills Bank & Trust Co lifted its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 10.8% in the 4th quarter. Hills Bank & Trust Co now owns 633,116 shares of the company’s stock valued at $14,657,000 after purchasing an additional 61,687 shares in the last quarter. Coastline Complete Wealth LLC acquired a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter worth about $1,595,000. Anchor Investment Management LLC boosted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 562.5% during the 1st quarter. Anchor Investment Management LLC now owns 26,500 shares of the company’s stock worth $610,000 after purchasing an additional 22,500 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 1,260.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,039,660 shares of the company’s stock worth $24,068,000 after purchasing an additional 963,241 shares during the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

Shares of BSMT opened at $22.77 on Tuesday. The company’s 50 day simple moving average is $22.96 and its 200 day simple moving average is $23.06. Invesco BulletShares 2029 Municipal Bond ETF has a 1 year low of $22.74 and a 1 year high of $23.41.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

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

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.