Principal Securities Inc. Buys Shares of 4,118 Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Principal Securities Inc. bought a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) in the fourth quarter, Holdings Channel.com reports. The fund bought 4,118 shares of the company’s stock, valued at approximately $94,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Addison Advisors LLC grew its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 4.0% during the 3rd quarter. Addison Advisors LLC now owns 20,440 shares of the company’s stock worth $476,000 after buying an additional 780 shares during the period. Silverlake Wealth Management LLC grew its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 6.5% during the 4th quarter. Silverlake Wealth Management LLC now owns 14,117 shares of the company’s stock worth $324,000 after buying an additional 862 shares during the period. MML Investors Services LLC grew its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 8.8% during the 3rd quarter. MML Investors Services LLC now owns 13,081 shares of the company’s stock worth $304,000 after buying an additional 1,062 shares during the period. Horizons Wealth Management grew its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 7.9% during the 4th quarter. Horizons Wealth Management now owns 20,556 shares of the company’s stock worth $472,000 after buying an additional 1,507 shares during the period. Finally, Howard Wealth Management LLC grew its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 18.9% during the 4th quarter. Howard Wealth Management LLC now owns 12,510 shares of the company’s stock worth $287,000 after buying an additional 1,990 shares during the period.

Invesco BulletShares 2029 Municipal Bond ETF Stock Up 0.3 %

Shares of BSMT stock opened at $23.19 on Thursday. Invesco BulletShares 2029 Municipal Bond ETF has a 52 week low of $22.70 and a 52 week high of $23.45. The firm has a 50 day moving average of $22.97 and a 200-day moving average of $23.10.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 24th will be given a dividend of $0.0533 per share. This is an increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend is Monday, February 24th.

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.