AE Wealth Management LLC Acquires 10,114 Shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU)

AE Wealth Management LLC lifted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 17.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 69,293 shares of the company’s stock after purchasing an additional 10,114 shares during the quarter. AE Wealth Management LLC owned 1.47% of Invesco BulletShares 2030 Municipal Bond ETF worth $1,509,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Pineridge Advisors LLC bought a new position in Invesco BulletShares 2030 Municipal Bond ETF during the 4th quarter worth $2,791,000. Key Financial Inc lifted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 29.2% in the 2nd quarter. Key Financial Inc now owns 110,225 shares of the company’s stock worth $2,400,000 after purchasing an additional 24,925 shares during the period. MONECO Advisors LLC bought a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 2nd quarter valued at $487,000. Hobbs Group Advisors LLC acquired a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the second quarter worth $327,000. Finally, Envision Financial Planning LLC increased its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 8.7% during the first quarter. Envision Financial Planning LLC now owns 177,185 shares of the company’s stock worth $3,919,000 after buying an additional 14,232 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

BSMU stock opened at $22.14 on Wednesday. The company’s fifty day simple moving average is $22.03 and its 200 day simple moving average is $21.95. Invesco BulletShares 2030 Municipal Bond ETF has a 12-month low of $20.57 and a 12-month high of $22.80.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, September 27th. Investors of record on Monday, September 23rd will be given a dividend of $0.052 per share. This is a positive change from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend is Monday, September 23rd. This represents a $0.62 annualized dividend and a dividend yield of 2.82%.

Invesco BulletShares 2030 Municipal Bond ETF 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.