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

Sterling Financial Group Inc. cut its stake in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 90,964 shares of the company’s stock after selling 4,027 shares during the quarter. Invesco BulletShares 2029 Municipal Bond ETF comprises approximately 0.8% of Sterling Financial Group Inc.’s holdings, making the stock its 18th largest holding. Sterling Financial Group Inc. owned approximately 1.28% of Invesco BulletShares 2029 Municipal Bond ETF worth $2,087,000 at the end of the most recent reporting period.

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

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

Shares of BSMT opened at $22.87 on Friday. The firm has a fifty day moving average price of $23.06 and a 200-day moving average price of $23.12. Invesco BulletShares 2029 Municipal Bond ETF has a 12-month low of $22.70 and a 12-month high of $23.58.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

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

Invesco BulletShares 2029 Municipal Bond ETF 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.