Wedmont Private Capital Invests $717,000 in Invesco BulletShares 2029 Municipal Bond ETF $BSMT

Wedmont Private Capital purchased a new stake in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) during the 2nd quarter, Holdings Channel reports. The fund purchased 31,078 shares of the company’s stock, valued at approximately $717,000.

Other large investors have also modified their holdings of the company. Harbor Investment Advisory LLC lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 92.9% in the 1st quarter. Harbor Investment Advisory LLC now owns 1,350 shares of the company’s stock valued at $31,000 after buying an additional 650 shares in the last quarter. Western Wealth Management LLC purchased a new position in Invesco BulletShares 2029 Municipal Bond ETF during the first quarter worth $51,000. PNC Financial Services Group Inc. increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 24.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,660 shares of the company’s stock worth $62,000 after buying an additional 520 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 680.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,362 shares of the company’s stock worth $78,000 after acquiring an additional 2,931 shares during the last quarter. Finally, Anchor Investment Management LLC raised its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 300.0% in the fourth quarter. Anchor Investment Management LLC now owns 4,000 shares of the company’s stock worth $93,000 after acquiring an additional 3,000 shares during the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

NASDAQ:BSMT opened at $22.74 on Thursday. The company’s 50-day moving average is $22.95 and its two-hundred day moving average is $23.05. Invesco BulletShares 2029 Municipal Bond ETF has a 12-month low of $22.72 and a 12-month high of $23.41.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

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