PAX Financial Group LLC Buys Shares of 8,815 Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

PAX Financial Group LLC bought a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 8,815 shares of the company’s stock, valued at approximately $202,000. PAX Financial Group LLC owned about 0.12% of Invesco BulletShares 2029 Municipal Bond ETF at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. MML Investors Services LLC boosted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 8.8% during the 3rd quarter. MML Investors Services LLC now owns 13,081 shares of the company’s stock valued at $304,000 after acquiring an additional 1,062 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Invesco BulletShares 2029 Municipal Bond ETF by 22.4% during the fourth quarter. Jones Financial Companies Lllp now owns 5,271 shares of the company’s stock valued at $121,000 after buying an additional 966 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter worth approximately $244,000. AlphaStar Capital Management LLC acquired a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF in the 4th quarter worth approximately $1,167,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF in the 4th quarter valued at approximately $3,053,000.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

Shares of BSMT opened at $22.91 on Friday. The business’s fifty day moving average price is $22.99 and its 200 day moving average price is $23.06. Invesco BulletShares 2029 Municipal Bond ETF has a 12-month low of $22.62 and a 12-month high of $23.45.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.0539 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 Monday, March 24th.

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.