Hobbs Group Advisors LLC Purchases 3,795 Shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU)

Hobbs Group Advisors LLC increased its position in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 22.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,854 shares of the company’s stock after buying an additional 3,795 shares during the period. Hobbs Group Advisors LLC’s holdings in Invesco BulletShares 2030 Municipal Bond ETF were worth $453,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Principal Securities Inc. acquired a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the 4th quarter worth about $97,000. Collier Financial acquired a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the fourth quarter worth approximately $115,000. Crews Bank & Trust bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the fourth quarter worth approximately $198,000. Wingate Wealth Advisors Inc. acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF in the fourth quarter valued at approximately $199,000. Finally, D.A. Davidson & CO. boosted its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 6.7% during the 3rd quarter. D.A. Davidson & CO. now owns 10,350 shares of the company’s stock worth $229,000 after buying an additional 650 shares in the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Stock Up 0.3 %

Shares of BSMU stock opened at $21.56 on Friday. Invesco BulletShares 2030 Municipal Bond ETF has a 52 week low of $21.49 and a 52 week high of $22.25. The firm has a 50 day moving average of $21.83 and a 200-day moving average of $21.91.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a $0.0515 dividend. This is an increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 24th.

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.