Sax Wealth Advisors LLC Purchases New Shares in Invesco BulletShares 2030 Municipal Bond ETF $BSMU

Sax Wealth Advisors LLC purchased a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 29,962 shares of the company’s stock, valued at approximately $654,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its position in Invesco BulletShares 2030 Municipal Bond ETF by 4.7% in the fourth quarter. Wells Fargo & Company MN now owns 502,178 shares of the company’s stock worth $11,060,000 after purchasing an additional 22,572 shares during the last quarter. LPL Financial LLC increased its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 5.9% during the fourth quarter. LPL Financial LLC now owns 460,052 shares of the company’s stock worth $10,133,000 after buying an additional 25,463 shares during the last quarter. Hills Bank & Trust Co increased its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 76.7% during the fourth quarter. Hills Bank & Trust Co now owns 432,344 shares of the company’s stock worth $9,522,000 after buying an additional 187,718 shares during the last quarter. Invesco Ltd. raised its position in Invesco BulletShares 2030 Municipal Bond ETF by 69.5% in the fourth quarter. Invesco Ltd. now owns 287,207 shares of the company’s stock worth $6,326,000 after acquiring an additional 117,737 shares during the period. Finally, Bank of America Corp DE raised its position in Invesco BulletShares 2030 Municipal Bond ETF by 19.1% in the first quarter. Bank of America Corp DE now owns 267,567 shares of the company’s stock worth $5,836,000 after acquiring an additional 42,944 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

Invesco BulletShares 2030 Municipal Bond ETF stock opened at $21.78 on Tuesday. Invesco BulletShares 2030 Municipal Bond ETF has a twelve month low of $21.55 and a twelve month high of $22.31. The firm has a 50 day moving average price of $21.83 and a 200-day moving average price of $21.95.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were given a dividend of $0.0525 per share. The ex-dividend date was Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 2.9%.

Invesco BulletShares 2030 Municipal Bond ETF Company 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.