Sterling Financial Group Inc. Sells 4,027 Shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Sterling Financial Group Inc. lessened its position in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 4.2% in the 4th quarter, HoldingsChannel reports. The fund owned 90,964 shares of the company’s stock after selling 4,027 shares during the period. Invesco BulletShares 2029 Municipal Bond ETF makes up about 0.8% of Sterling Financial Group Inc.’s portfolio, making the stock its 18th largest holding. Sterling Financial Group Inc.’s holdings in Invesco BulletShares 2029 Municipal Bond ETF were worth $2,087,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Aptus Capital Advisors LLC grew its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 97.2% in the third quarter. Aptus Capital Advisors LLC now owns 8,722 shares of the company’s stock worth $203,000 after purchasing an additional 4,300 shares during the last quarter. WealthBridge Capital Management LLC purchased a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF during the 3rd quarter valued at $244,000. MML Investors Services LLC boosted its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 8.8% in the 3rd quarter. MML Investors Services LLC now owns 13,081 shares of the company’s stock worth $304,000 after purchasing an additional 1,062 shares in the last quarter. Silverlake Wealth Management LLC grew its stake in Invesco BulletShares 2029 Municipal Bond ETF by 19.5% during the 3rd quarter. Silverlake Wealth Management LLC now owns 13,255 shares of the company’s stock worth $308,000 after buying an additional 2,160 shares during the last quarter. Finally, Meridian Wealth Management LLC increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 38.2% during the 3rd quarter. Meridian Wealth Management LLC now owns 16,339 shares of the company’s stock valued at $380,000 after buying an additional 4,518 shares in the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Trading Up 0.1 %

Invesco BulletShares 2029 Municipal Bond ETF stock opened at $22.87 on Friday. The stock has a 50-day moving average of $23.06 and a two-hundred day moving average of $23.12. Invesco BulletShares 2029 Municipal Bond ETF has a one year low of $22.70 and a one year high of $23.58.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.0522 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.