Kinetic Wealth Investment Advisors LLC Purchases New Position in Invesco BulletShares 2030 Municipal Bond ETF $BSMU

Kinetic Wealth Investment Advisors LLC purchased a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 53,773 shares of the company’s stock, valued at approximately $1,179,000. Invesco BulletShares 2030 Municipal Bond ETF comprises 0.6% of Kinetic Wealth Investment Advisors LLC’s investment portfolio, making the stock its 27th largest position. Kinetic Wealth Investment Advisors LLC owned approximately 0.42% of Invesco BulletShares 2030 Municipal Bond ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 10.0% during the first quarter. Royal Bank of Canada now owns 13,949 shares of the company’s stock valued at $301,000 after buying an additional 1,265 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the 1st quarter valued at $56,000. Jones Financial Companies Lllp raised its position in Invesco BulletShares 2030 Municipal Bond ETF by 104.5% in the 1st quarter. Jones Financial Companies Lllp now owns 9,463 shares of the company’s stock valued at $223,000 after buying an additional 4,836 shares during the last quarter. Jane Street Group LLC lifted its stake in Invesco BulletShares 2030 Municipal Bond ETF by 134.5% during the 1st quarter. Jane Street Group LLC now owns 215,298 shares of the company’s stock valued at $4,646,000 after acquiring an additional 123,496 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Invesco BulletShares 2030 Municipal Bond ETF by 1.4% during the 2nd quarter. Invesco Ltd. now owns 159,854 shares of the company’s stock valued at $3,437,000 after acquiring an additional 2,218 shares in the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

BSMU opened at $21.55 on Tuesday. Invesco BulletShares 2030 Municipal Bond ETF has a 1 year low of $21.54 and a 1 year high of $22.31. The firm’s fifty day moving average price is $21.75 and its two-hundred day moving average price is $21.88.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were issued a dividend of $0.0544 per share. This represents a c) annualized dividend and a yield of 3.0%. This is a boost from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, August 24th.

Invesco BulletShares 2030 Municipal Bond ETF Company 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.