Key Financial Inc Acquires 4,450 Shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU)

Key Financial Inc boosted its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 4.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 114,675 shares of the company’s stock after acquiring an additional 4,450 shares during the quarter. Key Financial Inc owned 2.16% of Invesco BulletShares 2030 Municipal Bond ETF worth $2,540,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BSMU. Commonwealth Equity Services LLC lifted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 8.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 29,929 shares of the company’s stock worth $662,000 after purchasing an additional 2,408 shares during the period. First Command Advisory Services Inc. acquired a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 1st quarter valued at $46,000. Astoria Portfolio Advisors LLC. acquired a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 2nd quarter valued at $212,000. Sterling Financial Group Inc. lifted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 18.5% during the 2nd quarter. Sterling Financial Group Inc. now owns 21,146 shares of the company’s stock valued at $460,000 after acquiring an additional 3,300 shares during the period. Finally, Bill Few Associates Inc. acquired a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 2nd quarter valued at $201,000.

Invesco BulletShares 2030 Municipal Bond ETF Stock Down 0.1 %

Shares of Invesco BulletShares 2030 Municipal Bond ETF stock traded down $0.02 during trading on Friday, reaching $21.77. 17,970 shares of the company traded hands, compared to its average volume of 29,124. Invesco BulletShares 2030 Municipal Bond ETF has a 1-year low of $20.82 and a 1-year high of $22.80. The company has a 50 day moving average price of $22.04 and a 200-day moving average price of $21.93.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were given a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend was Monday, October 21st. This is an increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05.

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.