Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Raises Dividend to $0.05 Per Share

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) declared a monthly dividend on Monday, May 18th, NASDAQ Dividends reports. Investors of record on Monday, May 18th will be paid a dividend of 0.0545 per share on Friday, May 22nd. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date is Monday, May 18th. This is a 5.1% increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

NASDAQ BSMT traded down $0.03 during trading hours on Monday, hitting $22.97. 44,844 shares of the company traded hands, compared to its average volume of 37,915. The business’s 50-day moving average is $23.11 and its 200-day moving average is $23.16. Invesco BulletShares 2029 Municipal Bond ETF has a twelve month low of $22.51 and a twelve month high of $23.41.

Institutional Trading of Invesco BulletShares 2029 Municipal Bond ETF

A number of large investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 24.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,660 shares of the company’s stock valued at $62,000 after acquiring an additional 520 shares during the last quarter. Equitable Holdings Inc. lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 1.7% in the fourth quarter. Equitable Holdings Inc. now owns 36,275 shares of the company’s stock valued at $840,000 after acquiring an additional 623 shares during the last quarter. Harbor Investment Advisory LLC lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 92.9% in the first quarter. Harbor Investment Advisory LLC now owns 1,350 shares of the company’s stock valued at $31,000 after acquiring an additional 650 shares during the last quarter. Meridian Wealth Management LLC lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 3.1% in the fourth quarter. Meridian Wealth Management LLC now owns 26,955 shares of the company’s stock valued at $624,000 after acquiring an additional 800 shares during the last quarter. Finally, WealthBridge Capital Management LLC lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 6.9% in the first quarter. WealthBridge Capital Management LLC now owns 14,300 shares of the company’s stock valued at $329,000 after acquiring an additional 927 shares during the last quarter.

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.