CGN Advisors LLC Has $1.49 Million Stock Holdings in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

CGN Advisors LLC reduced its holdings in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 32.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,927 shares of the company’s stock after selling 31,059 shares during the period. CGN Advisors LLC owned approximately 1.52% of Invesco BulletShares 2029 Municipal Bond ETF worth $1,486,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Valicenti Advisory Services Inc. acquired a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF during the fourth quarter valued at about $200,000. Raymond James & Associates acquired a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter valued at about $209,000. Tlwm bought a new stake in Invesco BulletShares 2029 Municipal Bond ETF in the fourth quarter valued at about $252,000. Cooksen Wealth LLC acquired a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF in the 4th quarter worth approximately $357,000. Finally, Beacon Pointe Advisors LLC bought a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter worth approximately $363,000.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

BSMT stock traded down $0.01 during trading on Monday, hitting $23.00. The company had a trading volume of 21,442 shares, compared to its average volume of 28,560. The company has a fifty day moving average price of $22.97 and a two-hundred day moving average price of $23.20. Invesco BulletShares 2029 Municipal Bond ETF has a fifty-two week low of $21.80 and a fifty-two week high of $23.59.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 24th will be paid a $0.0559 dividend. This represents a $0.67 annualized dividend and a dividend yield of 2.92%. The ex-dividend date is Monday, June 24th. This is an increase 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.