Silverlake Wealth Management LLC Buys New Shares in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Silverlake Wealth Management LLC purchased a new position in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,095 shares of the company’s stock, valued at approximately $258,000. Silverlake Wealth Management LLC owned about 0.26% of Invesco BulletShares 2029 Municipal Bond ETF as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BSMT. Hills Bank & Trust Co lifted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 124.9% in the 4th quarter. Hills Bank & Trust Co now owns 236,215 shares of the company’s stock valued at $5,550,000 after acquiring an additional 131,171 shares during the last quarter. Confluence Investment Management LLC bought a new stake in Invesco BulletShares 2029 Municipal Bond ETF in the first quarter valued at approximately $2,917,000. CGN Advisors LLC boosted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 5.3% during the fourth quarter. CGN Advisors LLC now owns 94,986 shares of the company’s stock valued at $2,232,000 after purchasing an additional 4,772 shares during the period. Sterling Financial Group Inc. grew its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 208.5% in the first quarter. Sterling Financial Group Inc. now owns 86,634 shares of the company’s stock worth $2,013,000 after purchasing an additional 58,551 shares during the last quarter. Finally, Key Financial Inc increased its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 17.8% in the fourth quarter. Key Financial Inc now owns 80,739 shares of the company’s stock worth $1,897,000 after buying an additional 12,210 shares during the period.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

Shares of BSMT opened at $22.92 on Wednesday. Invesco BulletShares 2029 Municipal Bond ETF has a twelve month low of $21.80 and a twelve month high of $23.59. The firm has a fifty day simple moving average of $22.96 and a two-hundred day simple moving average of $23.18.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a $0.0559 dividend. The ex-dividend date was Monday, June 24th. This is a boost from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.06. This represents a $0.67 annualized dividend and a dividend yield of 2.93%.

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.