Lido Advisors LLC Acquires New Stake in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Lido Advisors LLC bought a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 58,900 shares of the company’s stock, valued at approximately $1,351,000.

Other institutional investors have also recently made changes to their positions in the company. Kathmere Capital Management LLC acquired a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF in the fourth quarter worth approximately $9,778,000. Raymond James Financial Inc. bought a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF in the 4th quarter valued at $3,053,000. Invesco Ltd. increased its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 38.7% during the fourth quarter. Invesco Ltd. now owns 187,118 shares of the company’s stock worth $4,292,000 after buying an additional 52,211 shares during the period. Avior Wealth Management LLC raised its stake in Invesco BulletShares 2029 Municipal Bond ETF by 67.4% during the fourth quarter. Avior Wealth Management LLC now owns 129,286 shares of the company’s stock worth $2,966,000 after buying an additional 52,048 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Invesco BulletShares 2029 Municipal Bond ETF by 127.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 92,079 shares of the company’s stock valued at $2,112,000 after acquiring an additional 51,584 shares during the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

BSMT stock opened at $22.60 on Friday. Invesco BulletShares 2029 Municipal Bond ETF has a 1-year low of $21.87 and a 1-year high of $23.45. The stock has a 50-day moving average price of $22.72 and a 200-day moving average price of $22.93.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, April 25th. Shareholders of record on Monday, April 21st were paid a $0.0539 dividend. The ex-dividend date was Monday, April 21st.

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.