Stifel Financial Corp Makes New Investment in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU)

Stifel Financial Corp acquired a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 16,617 shares of the company’s stock, valued at approximately $368,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in BSMU. Arlington Capital Management Inc. purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the 3rd quarter valued at $204,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 25.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,042 shares of the company’s stock worth $219,000 after acquiring an additional 2,047 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 6.7% in the third quarter. D.A. Davidson & CO. now owns 10,350 shares of the company’s stock valued at $229,000 after purchasing an additional 650 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 6.8% during the third quarter. Integrated Wealth Concepts LLC now owns 17,551 shares of the company’s stock valued at $389,000 after purchasing an additional 1,123 shares in the last quarter. Finally, Avior Wealth Management LLC boosted its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 180.1% during the third quarter. Avior Wealth Management LLC now owns 24,006 shares of the company’s stock worth $532,000 after purchasing an additional 15,435 shares during the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Stock Down 0.1 %

Shares of BSMU stock opened at $21.74 on Friday. Invesco BulletShares 2030 Municipal Bond ETF has a 52-week low of $21.51 and a 52-week high of $22.80. The company has a 50-day simple moving average of $21.90 and a two-hundred day simple moving average of $21.97.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.0517 per share. The ex-dividend date was Monday, December 23rd.

Invesco BulletShares 2030 Municipal Bond ETF Profile

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.