Comerica Bank Boosts Stock Position in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Comerica Bank boosted its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 278.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,911 shares of the company’s stock after purchasing an additional 3,612 shares during the quarter. Comerica Bank owned approximately 0.12% of Invesco BulletShares 2029 Municipal Bond ETF worth $114,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in BSMT. Hills Bank & Trust Co grew its position 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 worth $5,550,000 after acquiring an additional 131,171 shares in the last quarter. Confluence Investment Management LLC acquired a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF in the 1st quarter worth approximately $2,917,000. Sterling Financial Group Inc. grew its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 208.5% in the 1st quarter. Sterling Financial Group Inc. now owns 86,634 shares of the company’s stock worth $2,013,000 after acquiring an additional 58,551 shares in the last quarter. Hobbs Group Advisors LLC acquired a new position in Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter valued at approximately $618,000. Finally, Private Advisor Group LLC acquired a new position in Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter valued at approximately $366,000.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

NASDAQ:BSMT opened at $23.17 on Monday. Invesco BulletShares 2029 Municipal Bond ETF has a 12-month low of $21.80 and a 12-month high of $23.59. The business has a 50 day simple moving average of $23.07 and a 200 day simple moving average of $23.11.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 26th. Investors of record on Monday, July 22nd were given a dividend of $0.056 per share. The ex-dividend date was Monday, July 22nd. This represents a $0.67 dividend on an annualized basis and a yield of 2.90%. This is a positive change from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.06.

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.