UBS Group AG Acquires 41,558 Shares of Invesco BulletShares 2029 Municipal Bond ETF $BSMT

UBS Group AG raised its position in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 29.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 180,590 shares of the company’s stock after buying an additional 41,558 shares during the quarter. UBS Group AG’s holdings in Invesco BulletShares 2029 Municipal Bond ETF were worth $4,181,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of BSMT. JPMorgan Chase & Co. boosted its position in Invesco BulletShares 2029 Municipal Bond ETF by 91.7% during the second quarter. JPMorgan Chase & Co. now owns 7,461 shares of the company’s stock valued at $169,000 after acquiring an additional 3,569 shares during the last quarter. IFG Advisory LLC bought a new stake in Invesco BulletShares 2029 Municipal Bond ETF during the third quarter valued at $213,000. First Command Advisory Services Inc. boosted its position in Invesco BulletShares 2029 Municipal Bond ETF by 90.8% during the third quarter. First Command Advisory Services Inc. now owns 9,965 shares of the company’s stock valued at $230,000 after acquiring an additional 4,741 shares during the last quarter. Royal Bank of Canada boosted its position in Invesco BulletShares 2029 Municipal Bond ETF by 18.4% during the first quarter. Royal Bank of Canada now owns 11,037 shares of the company’s stock valued at $251,000 after acquiring an additional 1,717 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in Invesco BulletShares 2029 Municipal Bond ETF by 43.4% during the fourth quarter. Farther Finance Advisors LLC now owns 10,889 shares of the company’s stock valued at $252,000 after acquiring an additional 3,297 shares during the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Stock Down 0.0%

Shares of BSMT opened at $22.94 on Friday. The firm’s fifty day simple moving average is $23.08 and its two-hundred day simple moving average is $23.16. Invesco BulletShares 2029 Municipal Bond ETF has a 12 month low of $22.52 and a 12 month high of $23.41.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were given a dividend of $0.0545 per share. This represents a c) dividend on an annualized basis and a yield of 2.8%. This is an increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Monday, May 18th.

About Invesco BulletShares 2029 Municipal Bond ETF

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.