Envestnet Asset Management Inc. Decreases Stake in Invesco BulletShares 2030 Municipal Bond ETF $BSMU

Envestnet Asset Management Inc. decreased its holdings in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 17.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 83,368 shares of the company’s stock after selling 17,076 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco BulletShares 2030 Municipal Bond ETF were worth $1,792,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Farther Finance Advisors LLC acquired a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 2nd quarter worth $34,000. Invesco Ltd. boosted its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 12.2% during the first quarter. Invesco Ltd. now owns 157,636 shares of the company’s stock worth $3,402,000 after buying an additional 17,146 shares in the last quarter. MB Levis & Associates LLC grew its position in Invesco BulletShares 2030 Municipal Bond ETF by 7.8% during the second quarter. MB Levis & Associates LLC now owns 65,522 shares of the company’s stock worth $1,409,000 after buying an additional 4,754 shares during the period. Astoria Portfolio Advisors LLC. acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF during the second quarter worth about $447,000. Finally, Envision Financial Planning LLC increased its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 0.7% in the first quarter. Envision Financial Planning LLC now owns 180,857 shares of the company’s stock valued at $3,903,000 after buying an additional 1,337 shares in the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Trading Up 0.1%

BSMU stock opened at $22.03 on Wednesday. The firm has a 50 day moving average of $21.99 and a 200-day moving average of $21.69. Invesco BulletShares 2030 Municipal Bond ETF has a 12-month low of $20.59 and a 12-month high of $22.23.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 24th. Investors of record on Monday, October 20th were issued a dividend of $0.0496 per share. The ex-dividend date of this dividend was Monday, October 20th. This represents a c) annualized dividend and a yield of 2.7%.

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.