NewEdge Advisors LLC Increases Position in Invesco BulletShares 2030 Municipal Bond ETF $BSMU

NewEdge Advisors LLC boosted its position in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 81.8% during the first quarter, Holdings Channel reports. The fund owned 212,099 shares of the company’s stock after acquiring an additional 95,462 shares during the period. NewEdge Advisors LLC’s holdings in Invesco BulletShares 2030 Municipal Bond ETF were worth $4,627,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Harbor Investment Advisory LLC bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the first quarter worth about $31,000. Ascentis Independent Advisors purchased a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 1st quarter worth about $140,000. Anchor Investment Management LLC bought a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 1st quarter valued at about $142,000. Jones Financial Companies Lllp increased its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 104.5% during the 1st quarter. Jones Financial Companies Lllp now owns 9,463 shares of the company’s stock valued at $223,000 after purchasing an additional 4,836 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. purchased a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 4th quarter valued at about $210,000.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

NASDAQ:BSMU opened at $21.77 on Wednesday. The business has a 50 day moving average of $21.83 and a 200 day moving average of $21.95. Invesco BulletShares 2030 Municipal Bond ETF has a 1-year low of $21.55 and a 1-year high of $22.31.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were paid a dividend of $0.0525 per share. The ex-dividend date of this dividend was Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 2.9%.

Invesco BulletShares 2030 Municipal Bond ETF Company 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.