Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Shares Purchased by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC raised its position in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 58.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 115,196 shares of the company’s stock after acquiring an additional 42,713 shares during the period. Precedent Wealth Partners LLC owned approximately 1.15% of Invesco BulletShares 2027 Municipal Bond ETF worth $2,713,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in BSMR. Central Valley Advisors LLC acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 1st quarter worth $4,369,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter worth $3,708,000. Atlantic Union Bankshares Corp lifted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 34.6% in the 4th quarter. Atlantic Union Bankshares Corp now owns 250,543 shares of the company’s stock worth $5,913,000 after acquiring an additional 64,354 shares during the period. Invesco Ltd. lifted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 26.2% in the 4th quarter. Invesco Ltd. now owns 240,179 shares of the company’s stock worth $5,668,000 after acquiring an additional 49,817 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 69.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 119,520 shares of the company’s stock worth $2,821,000 after acquiring an additional 48,933 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

BSMR stock opened at $23.38 on Monday. Invesco BulletShares 2027 Municipal Bond ETF has a one year low of $22.88 and a one year high of $23.93. The company has a fifty day moving average of $23.31 and a 200-day moving average of $23.53.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

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

Invesco BulletShares 2027 Municipal Bond ETF Profile

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.