Horizons Wealth Management Acquires New Holdings in Invesco BulletShares 2029 Municipal Bond ETF $BSMT
by Kim Johansen · The Markets DailyHorizons Wealth Management acquired a new stake in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 23,279 shares of the company’s stock, valued at approximately $518,000.
A number of other large investors have also recently added to or reduced their stakes in BSMT. Coastline Complete Wealth LLC acquired a new stake in Invesco BulletShares 2029 Municipal Bond ETF in the 4th quarter valued at approximately $1,595,000. Anchor Investment Management LLC increased its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 562.5% in the 1st quarter. Anchor Investment Management LLC now owns 26,500 shares of the company’s stock valued at $610,000 after buying an additional 22,500 shares during the period. Wedmont Private Capital acquired a new position in Invesco BulletShares 2029 Municipal Bond ETF in the second quarter worth about $717,000. Clark Asset Management LLC raised its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 31.9% in the 1st quarter. Clark Asset Management LLC now owns 98,737 shares of the company’s stock worth $2,273,000 after buying an additional 23,885 shares in the last quarter. Finally, Financial Solutions Advisory Group Inc. bought a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF during the first quarter valued at $1,670,000.
Invesco BulletShares 2029 Municipal Bond ETF Price Performance
NASDAQ:BSMT traded up $0.01 on Monday, reaching $22.30. The stock had a trading volume of 29,357 shares, compared to its average volume of 53,396. Invesco BulletShares 2029 Municipal Bond ETF has a 1-year low of $22.03 and a 1-year high of $23.41. The stock has a fifty day moving average price of $22.75 and a 200-day moving average price of $22.95.
Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend
The company also recently declared a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a dividend of $0.0519 per share. This represents a $0.62 annualized dividend and a dividend yield of 2.8%. This is a drop from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.0552. The ex-dividend date of this dividend was Monday, September 21st.
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.
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