Raymond James Financial Inc. Purchases New Stake in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Raymond James Financial Inc. acquired a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 133,069 shares of the company’s stock, valued at approximately $3,053,000. Raymond James Financial Inc. owned approximately 1.82% of Invesco BulletShares 2029 Municipal Bond ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 2,891.5% in the 4th quarter. JPMorgan Chase & Co. now owns 3,500 shares of the company’s stock worth $80,000 after acquiring an additional 3,383 shares in the last quarter. Principal Securities Inc. acquired a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter worth approximately $94,000. First Command Advisory Services Inc. raised its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 16.3% during the 4th quarter. First Command Advisory Services Inc. now owns 4,146 shares of the company’s stock worth $95,000 after purchasing an additional 580 shares during the period. Jones Financial Companies Lllp boosted its position in Invesco BulletShares 2029 Municipal Bond ETF by 22.4% during the 4th quarter. Jones Financial Companies Lllp now owns 5,271 shares of the company’s stock valued at $121,000 after purchasing an additional 966 shares during the period. Finally, YANKCOM Partnership bought a new position in Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter worth $125,000.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

Shares of BSMT opened at $22.50 on Tuesday. The firm has a fifty day moving average of $22.76 and a 200-day moving average of $22.94. Invesco BulletShares 2029 Municipal Bond ETF has a 1 year low of $21.87 and a 1 year high of $23.45.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, April 25th. Shareholders of record on Monday, April 21st were given a $0.0539 dividend. The ex-dividend date was Monday, April 21st.

Invesco BulletShares 2029 Municipal Bond ETF Company 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.