PAX Financial Group LLC Takes Position in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

PAX Financial Group LLC acquired a new position in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 8,815 shares of the company’s stock, valued at approximately $202,000.

Several other hedge funds have also recently bought and sold shares of the company. First Command Advisory Services Inc. increased its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 16.3% in the fourth quarter. First Command Advisory Services Inc. now owns 4,146 shares of the company’s stock valued at $95,000 after purchasing an additional 580 shares during the period. Jacobi Capital Management LLC increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 5.6% in the 4th quarter. Jacobi Capital Management LLC now owns 11,328 shares of the company’s stock valued at $260,000 after acquiring an additional 600 shares during the period. Silverlake Wealth Management LLC raised its stake in Invesco BulletShares 2029 Municipal Bond ETF by 6.5% during the 4th quarter. Silverlake Wealth Management LLC now owns 14,117 shares of the company’s stock valued at $324,000 after acquiring an additional 862 shares in the last quarter. Jones Financial Companies Lllp boosted its position in Invesco BulletShares 2029 Municipal Bond ETF by 22.4% during the 4th quarter. Jones Financial Companies Lllp now owns 5,271 shares of the company’s stock worth $121,000 after acquiring an additional 966 shares during the period. Finally, MML Investors Services LLC raised its stake in shares of 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 valued at $304,000 after purchasing an additional 1,062 shares in the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Stock Down 0.0 %

BSMT stock opened at $22.91 on Friday. The company has a 50-day simple moving average of $22.99 and a 200 day simple moving average of $23.06. Invesco BulletShares 2029 Municipal Bond ETF has a fifty-two week low of $22.62 and a fifty-two week 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. Stockholders of record on Monday, March 24th were issued a $0.0539 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco BulletShares 2029 Municipal Bond ETF’s previous dividend of $0.05.

Invesco BulletShares 2029 Municipal Bond ETF Company 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.