Nestegg Advisors Inc. Makes New $1.40 Million Investment in Invesco BulletShares 2034 Municipal Bond ETF $BSMY

Nestegg Advisors Inc. acquired a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 56,849 shares of the company’s stock, valued at approximately $1,397,000. Invesco BulletShares 2034 Municipal Bond ETF comprises approximately 1.2% of Nestegg Advisors Inc.’s investment portfolio, making the stock its 15th biggest position.

Several other hedge funds also recently added to or reduced their stakes in BSMY. Osaic Holdings Inc. lifted its position in shares of Invesco BulletShares 2034 Municipal Bond ETF by 44.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock worth $55,000 after buying an additional 720 shares during the last quarter. Key Financial Inc bought a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF in the 3rd quarter worth about $115,000. First Command Advisory Services Inc. lifted its position in shares of Invesco BulletShares 2034 Municipal Bond ETF by 30.1% in the 3rd quarter. First Command Advisory Services Inc. now owns 5,116 shares of the company’s stock worth $124,000 after buying an additional 1,184 shares during the last quarter. ORG Partners LLC bought a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF in the 3rd quarter worth about $141,000. Finally, United Capital Financial Advisors LLC bought a new stake in Invesco BulletShares 2034 Municipal Bond ETF in the 3rd quarter valued at about $236,000.

Invesco BulletShares 2034 Municipal Bond ETF Trading Up 0.1%

Shares of NASDAQ:BSMY opened at $24.41 on Wednesday. The company’s 50-day moving average price is $24.64 and its 200 day moving average price is $24.62. Invesco BulletShares 2034 Municipal Bond ETF has a fifty-two week low of $22.61 and a fifty-two week high of $25.02.

Invesco BulletShares 2034 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a $0.0744 dividend. The ex-dividend date was Monday, March 23rd. This represents a c) annualized dividend and a yield of 3.7%. This is a boost from Invesco BulletShares 2034 Municipal Bond ETF’s previous monthly dividend of $0.07.

Invesco BulletShares 2034 Municipal Bond ETF Profile

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.