Confluence Investment Management LLC Decreases Stock Position in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Confluence Investment Management LLC reduced its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 5.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 110,451 shares of the company’s stock after selling 6,207 shares during the period. Confluence Investment Management LLC’s holdings in Invesco BulletShares 2029 Municipal Bond ETF were worth $2,534,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC grew its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 97.2% in the third quarter. Aptus Capital Advisors LLC now owns 8,722 shares of the company’s stock valued at $203,000 after purchasing an additional 4,300 shares during the last quarter. WealthBridge Capital Management LLC acquired a new stake in Invesco BulletShares 2029 Municipal Bond ETF during the 3rd quarter valued at $244,000. MML Investors Services LLC increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 8.8% during the third quarter. MML Investors Services LLC now owns 13,081 shares of the company’s stock worth $304,000 after buying an additional 1,062 shares in the last quarter. Silverlake Wealth Management LLC increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 19.5% during the third quarter. Silverlake Wealth Management LLC now owns 13,255 shares of the company’s stock worth $308,000 after buying an additional 2,160 shares in the last quarter. Finally, Meridian Wealth Management LLC raised its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 38.2% in the third quarter. Meridian Wealth Management LLC now owns 16,339 shares of the company’s stock worth $380,000 after acquiring an additional 4,518 shares during the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Stock Up 0.2 %

BSMT opened at $22.98 on Friday. The business’s fifty day simple moving average is $23.08 and its 200 day simple moving average is $23.13. Invesco BulletShares 2029 Municipal Bond ETF has a 52 week low of $22.70 and a 52 week high of $23.59.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.0522 per share. The ex-dividend date was Monday, December 23rd.

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.