Lincoln Capital Corp Invests $545,000 in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU)

Lincoln Capital Corp purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 24,588 shares of the company’s stock, valued at approximately $545,000. Lincoln Capital Corp owned about 0.46% of Invesco BulletShares 2030 Municipal Bond ETF as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Key Financial Inc increased its stake in 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 valued at $2,400,000 after buying an additional 24,925 shares during the period. MONECO Advisors LLC acquired a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the second quarter worth approximately $487,000. Hobbs Group Advisors LLC purchased a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the second quarter valued at $327,000. Envision Financial Planning LLC increased its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 8.7% during the 1st quarter. Envision Financial Planning LLC now owns 177,185 shares of the company’s stock valued at $3,919,000 after acquiring an additional 14,232 shares during the last quarter. Finally, Precedent Wealth Partners LLC increased its position in Invesco BulletShares 2030 Municipal Bond ETF by 21.9% during the third quarter. Precedent Wealth Partners LLC now owns 71,393 shares of the company’s stock worth $1,581,000 after purchasing an additional 12,807 shares during the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

NASDAQ BSMU opened at $21.80 on Friday. The company’s 50 day moving average price is $22.06 and its 200 day moving average price is $21.94. Invesco BulletShares 2030 Municipal Bond ETF has a one year low of $20.61 and a one year high of $22.80.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

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

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.