Asset Dedication LLC Makes New $1.55 Million Investment in Invesco BulletShares 2030 Municipal Bond ETF $BSMU

Asset Dedication LLC acquired a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 74,250 shares of the company’s stock, valued at approximately $1,551,000.

Several other large investors also recently made changes to their positions in the stock. Bank of America Corp DE lifted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 19.1% in the 1st quarter. Bank of America Corp DE now owns 267,567 shares of the company’s stock valued at $5,836,000 after acquiring an additional 42,944 shares during the last quarter. Precedent Wealth Partners LLC grew its stake in Invesco BulletShares 2030 Municipal Bond ETF by 19.9% in the third quarter. Precedent Wealth Partners LLC now owns 239,517 shares of the company’s stock worth $5,004,000 after purchasing an additional 39,835 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 2.3% in the second quarter. NewEdge Advisors LLC now owns 217,003 shares of the company’s stock worth $4,756,000 after purchasing an additional 4,904 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 6.8% in the third quarter. Kestra Advisory Services LLC now owns 145,270 shares of the company’s stock valued at $3,035,000 after buying an additional 9,198 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 6.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 112,964 shares of the company’s stock worth $2,476,000 after acquiring an additional 7,057 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2030 Municipal Bond ETF stock opened at $21.62 on Friday. The firm’s 50 day simple moving average is $21.23 and its two-hundred day simple moving average is $21.76. Invesco BulletShares 2030 Municipal Bond ETF has a 12-month low of $20.56 and a 12-month high of $22.31.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were issued a $0.0535 dividend. This is an increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.0517. This represents a $0.64 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Monday, October 19th.

About Invesco BulletShares 2030 Municipal Bond ETF

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.