133,069 Shares in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 133,069 shares of the company’s stock, valued at approximately $3,053,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Principal Securities Inc. acquired a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter valued at about $94,000. First Command Advisory Services Inc. boosted its position in Invesco BulletShares 2029 Municipal Bond ETF by 16.3% during the fourth quarter. First Command Advisory Services Inc. now owns 4,146 shares of the company’s stock worth $95,000 after purchasing an additional 580 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 22.4% in the fourth quarter. Jones Financial Companies Lllp now owns 5,271 shares of the company’s stock valued at $121,000 after purchasing an additional 966 shares during the period. YANKCOM Partnership acquired a new stake in Invesco BulletShares 2029 Municipal Bond ETF in the fourth quarter valued at approximately $125,000. Finally, Crews Bank & Trust purchased a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF in the fourth quarter valued at approximately $198,000.

Invesco BulletShares 2029 Municipal Bond ETF Trading Up 0.4 %

Shares of NASDAQ:BSMT opened at $22.75 on Friday. The business’s 50 day moving average price is $23.00 and its 200-day moving average price is $23.07. Invesco BulletShares 2029 Municipal Bond ETF has a 1 year low of $22.62 and a 1 year high of $23.45.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.0539 per share. This is an increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date was Monday, March 24th.

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.