Atlantic Union Bankshares Corp Increases Position in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Atlantic Union Bankshares Corp lifted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 5.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 66,237 shares of the company’s stock after acquiring an additional 3,629 shares during the period. Atlantic Union Bankshares Corp owned 1.58% of Invesco BulletShares 2029 Municipal Bond ETF worth $1,539,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of BSMT. Hills Bank & Trust Co boosted its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 124.9% in the 4th quarter. Hills Bank & Trust Co now owns 236,215 shares of the company’s stock valued at $5,550,000 after purchasing an additional 131,171 shares during the last quarter. Confluence Investment Management LLC acquired a new stake in Invesco BulletShares 2029 Municipal Bond ETF during the first quarter worth $2,917,000. CGN Advisors LLC raised its position in Invesco BulletShares 2029 Municipal Bond ETF by 5.3% in the fourth quarter. CGN Advisors LLC now owns 94,986 shares of the company’s stock valued at $2,232,000 after purchasing an additional 4,772 shares during the period. Sterling Financial Group Inc. lifted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 208.5% in the 1st quarter. Sterling Financial Group Inc. now owns 86,634 shares of the company’s stock valued at $2,013,000 after purchasing an additional 58,551 shares during the last quarter. Finally, Key Financial Inc grew its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 17.8% during the 4th quarter. Key Financial Inc now owns 80,739 shares of the company’s stock worth $1,897,000 after purchasing an additional 12,210 shares during the period.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMT opened at $22.92 on Friday. The business has a 50-day moving average price of $22.97 and a 200 day moving average price of $23.19. Invesco BulletShares 2029 Municipal Bond ETF has a 12-month low of $21.80 and a 12-month high of $23.59.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a $0.0559 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 2.93%. This is an increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, June 24th.

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.