Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Declares Monthly Dividend of $0.05

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) announced a monthly dividend on Monday, November 20th, NASDAQ reports. Shareholders of record on Tuesday, November 21st will be given a dividend of 0.0493 per share on Friday, November 24th. This represents a $0.59 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date is Monday, November 20th.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMT opened at $22.67 on Tuesday. Invesco BulletShares 2029 Municipal Bond ETF has a fifty-two week low of $21.80 and a fifty-two week high of $23.67. The stock’s 50-day simple moving average is $22.23 and its 200-day simple moving average is $22.66.

Institutional Investors Weigh In On Invesco BulletShares 2029 Municipal Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Morgan Stanley raised its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 2,970.9% during the 4th quarter. Morgan Stanley now owns 362,370 shares of the company’s stock worth $8,297,000 after acquiring an additional 350,570 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 14.2% during the 2nd quarter. Wells Fargo & Company MN now owns 332,158 shares of the company’s stock worth $7,633,000 after acquiring an additional 41,373 shares in the last quarter. Jane Street Group LLC raised its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 154.2% during the 1st quarter. Jane Street Group LLC now owns 169,185 shares of the company’s stock worth $3,957,000 after acquiring an additional 102,620 shares in the last quarter. Invesco Ltd. raised its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 4.9% during the 3rd quarter. Invesco Ltd. now owns 82,846 shares of the company’s stock worth $1,833,000 after acquiring an additional 3,868 shares in the last quarter. Finally, LPL Financial LLC raised its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 32.6% during the 3rd quarter. LPL Financial LLC now owns 63,104 shares of the company’s stock worth $1,396,000 after acquiring an additional 15,506 shares in 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.