Meridian Wealth Management LLC Raises Stake in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

Meridian Wealth Management LLC boosted its position in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 38.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,339 shares of the company’s stock after buying an additional 4,518 shares during the period. Meridian Wealth Management LLC owned approximately 0.29% of Invesco BulletShares 2029 Municipal Bond ETF worth $380,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of BSMT. Comerica Bank boosted its position in Invesco BulletShares 2029 Municipal Bond ETF by 278.1% in the 1st quarter. Comerica Bank now owns 4,911 shares of the company’s stock worth $114,000 after purchasing an additional 3,612 shares in the last quarter. Sterling Financial Group Inc. boosted its position in Invesco BulletShares 2029 Municipal Bond ETF by 3.7% in the 2nd quarter. Sterling Financial Group Inc. now owns 89,805 shares of the company’s stock worth $2,058,000 after purchasing an additional 3,171 shares in the last quarter. Bill Few Associates Inc. purchased a new stake in Invesco BulletShares 2029 Municipal Bond ETF in the 2nd quarter worth approximately $201,000. MONECO Advisors LLC purchased a new stake in Invesco BulletShares 2029 Municipal Bond ETF in the 2nd quarter worth approximately $631,000. Finally, Hobbs Group Advisors LLC purchased a new stake in Invesco BulletShares 2029 Municipal Bond ETF in the 2nd quarter worth approximately $702,000.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

Invesco BulletShares 2029 Municipal Bond ETF stock opened at $23.10 on Monday. The stock’s 50 day simple moving average is $23.15 and its two-hundred day simple moving average is $23.09. Invesco BulletShares 2029 Municipal Bond ETF has a 12 month low of $22.70 and a 12 month high of $23.59.

Invesco BulletShares 2029 Municipal Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 18th were paid a dividend of $0.0524 per share. The ex-dividend date of this dividend was Monday, November 18th.

About Invesco BulletShares 2029 Municipal Bond ETF

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.