Focus Financial Network Inc. Buys 40,727 Shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Focus Financial Network Inc. lifted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 401.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 50,865 shares of the company’s stock after purchasing an additional 40,727 shares during the quarter. Focus Financial Network Inc.’s holdings in Invesco BulletShares 2027 Municipal Bond ETF were worth $1,198,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of BSMR. Central Valley Advisors LLC acquired a new position in Invesco BulletShares 2027 Municipal Bond ETF during the first quarter valued at approximately $4,369,000. Sentinel Pension Advisors LLC increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 5.4% in the 1st quarter. Sentinel Pension Advisors LLC now owns 28,971 shares of the company’s stock valued at $682,000 after purchasing an additional 1,484 shares during the last quarter. Confluence Investment Management LLC increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 13.9% in the 1st quarter. Confluence Investment Management LLC now owns 273,987 shares of the company’s stock valued at $6,452,000 after purchasing an additional 33,478 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter worth $328,000. Finally, Toronto Dominion Bank bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter worth $933,000.

Invesco BulletShares 2027 Municipal Bond ETF Stock Up 0.1%

NASDAQ:BSMR opened at $23.39 on Friday. Invesco BulletShares 2027 Municipal Bond ETF has a twelve month low of $22.88 and a twelve month high of $23.93. The stock’s 50-day simple moving average is $23.31 and its 200 day simple moving average is $23.54.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 23rd. Stockholders of record on Monday, May 19th were paid a $0.0579 dividend. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.06. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date was Monday, May 19th.

About Invesco BulletShares 2027 Municipal Bond ETF

The Invesco BulletShares 2027 Municipal Bond ETF (BSMR) 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 2027. BSMR was launched on Sep 25, 2019 and is managed by Invesco.