Addison Advisors LLC Sells 1,340 Shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Addison Advisors LLC trimmed its stake in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 9.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,255 shares of the company’s stock after selling 1,340 shares during the period. Addison Advisors LLC’s holdings in Invesco BulletShares 2029 Municipal Bond ETF were worth $311,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Valicenti Advisory Services Inc. bought a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF in the fourth quarter worth approximately $200,000. Raymond James & Associates bought a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF in the fourth quarter worth approximately $209,000. Tlwm bought a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF in the fourth quarter worth approximately $252,000. Avior Wealth Management LLC increased its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 6.3% in the third quarter. Avior Wealth Management LLC now owns 11,554 shares of the company’s stock worth $256,000 after purchasing an additional 687 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 5.7% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 16,506 shares of the company’s stock worth $388,000 after purchasing an additional 887 shares during the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

Shares of BSMT stock remained flat at $22.92 during trading on Friday. 11,383 shares of the company traded hands, compared to its average volume of 30,196. The business’s 50 day simple moving average is $23.20 and its 200-day simple moving average is $23.03. Invesco BulletShares 2029 Municipal Bond ETF has a one year low of $21.80 and a one year high of $23.59.

Invesco BulletShares 2029 Municipal Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd were given a dividend of $0.0533 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date of this dividend was Monday, April 22nd.

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.