Howard Wealth Management LLC Raises Stock Holdings in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Howard Wealth Management LLC lifted its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 18.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,510 shares of the company’s stock after purchasing an additional 1,990 shares during the quarter. Howard Wealth Management LLC’s holdings in Invesco BulletShares 2029 Municipal Bond ETF were worth $287,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Kathmere Capital Management LLC purchased a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF during the fourth quarter worth about $9,778,000. Hills Bank & Trust Co grew its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 8.5% during the third quarter. Hills Bank & Trust Co now owns 262,065 shares of the company’s stock worth $6,098,000 after purchasing an additional 20,529 shares in the last quarter. Avior Wealth Management LLC grew its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 67.4% during the fourth quarter. Avior Wealth Management LLC now owns 129,286 shares of the company’s stock worth $2,966,000 after purchasing an additional 52,048 shares in the last quarter. Key Financial Inc grew its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 4.0% during the third quarter. Key Financial Inc now owns 106,682 shares of the company’s stock worth $2,482,000 after purchasing an additional 4,100 shares in the last quarter. Finally, HighTower Advisors LLC purchased a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF during the third quarter worth about $2,453,000.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

NASDAQ:BSMT opened at $23.08 on Friday. The business has a 50 day moving average of $22.99 and a 200 day moving average of $23.11. Invesco BulletShares 2029 Municipal Bond ETF has a 1-year low of $22.70 and a 1-year high of $23.45.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were given a $0.0531 dividend. This is an increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Tuesday, January 21st.

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.