FF Advisors LLC Sells 8,340 Shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

FF Advisors LLC trimmed its position in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 34.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,626 shares of the company’s stock after selling 8,340 shares during the period. FF Advisors LLC owned approximately 0.22% of Invesco BulletShares 2029 Municipal Bond ETF worth $362,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 350.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 35,524 shares of the company’s stock valued at $814,000 after purchasing an additional 27,637 shares during the last quarter. Farmers National Bank boosted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 2.6% in the second quarter. Farmers National Bank now owns 43,319 shares of the company’s stock valued at $993,000 after buying an additional 1,112 shares in the last quarter. WealthBridge Capital Management LLC bought a new position in Invesco BulletShares 2029 Municipal Bond ETF in the third quarter valued at about $244,000. Silverlake Wealth Management LLC raised its stake in Invesco BulletShares 2029 Municipal Bond ETF by 19.5% during the third quarter. Silverlake Wealth Management LLC now owns 13,255 shares of the company’s stock worth $308,000 after acquiring an additional 2,160 shares in the last quarter. Finally, Asset Dedication LLC lifted its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 12.2% in the third quarter. Asset Dedication LLC now owns 36,717 shares of the company’s stock worth $854,000 after acquiring an additional 4,001 shares during the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

BSMT opened at $22.87 on Friday. The company’s 50 day moving average is $23.06 and its 200-day moving average is $23.12. Invesco BulletShares 2029 Municipal Bond ETF has a 1-year low of $22.70 and a 1-year 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 dividend of $0.0522 per share. The ex-dividend date was Monday, December 23rd.

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.