MONECO Advisors LLC Takes $487,000 Position in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU)

MONECO Advisors LLC acquired a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 22,349 shares of the company’s stock, valued at approximately $487,000. MONECO Advisors LLC owned about 0.53% of Invesco BulletShares 2030 Municipal Bond ETF at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Raymond James & Associates acquired a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the fourth quarter worth $458,000. Avior Wealth Management LLC acquired a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the 4th quarter valued at approximately $122,000. Gradient Capital Advisors LLC bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the 4th quarter valued at approximately $210,000. Private Advisor Group LLC acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF during the 4th quarter worth approximately $311,000. Finally, Beacon Pointe Advisors LLC bought a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 4th quarter worth approximately $303,000.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

BSMU traded up $0.02 during trading hours on Monday, hitting $21.99. 304 shares of the company’s stock were exchanged, compared to its average volume of 27,441. The stock’s 50-day moving average is $21.92 and its two-hundred day moving average is $21.98. Invesco BulletShares 2030 Municipal Bond ETF has a 1-year low of $20.57 and a 1-year high of $22.80.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 26th. Stockholders of record on Monday, July 22nd were paid a dividend of $0.056 per share. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $0.67 dividend on an annualized basis and a dividend yield of 3.06%. This is a boost from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2030 Municipal Bond ETF Profile

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.