CGN Advisors LLC Cuts Stock Position in Invesco BulletShares 2028 Municipal Bond ETF $BSMS

CGN Advisors LLC lowered its holdings in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 44.6% during the 2nd quarter, Holdings Channel reports. The firm owned 30,742 shares of the company’s stock after selling 24,711 shares during the period. CGN Advisors LLC’s holdings in Invesco BulletShares 2028 Municipal Bond ETF were worth $714,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of BSMS. Toronto Dominion Bank purchased a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 4th quarter valued at $273,000. Members Wealth LLC purchased a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 4th quarter valued at $400,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 4th quarter valued at $406,000. Sentinel Pension Advisors LLC lifted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 8.1% during the 1st quarter. Sentinel Pension Advisors LLC now owns 27,943 shares of the company’s stock valued at $648,000 after buying an additional 2,091 shares during the last quarter. Finally, Central Valley Advisors LLC purchased a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 1st quarter valued at $4,352,000.

Invesco BulletShares 2028 Municipal Bond ETF Stock Down 0.0%

Shares of NASDAQ BSMS opened at $23.50 on Wednesday. Invesco BulletShares 2028 Municipal Bond ETF has a one year low of $22.41 and a one year high of $23.72. The business’s fifty day moving average price is $23.33 and its 200-day moving average price is $23.18.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, September 26th. Stockholders of record on Monday, September 22nd will be given a dividend of $0.0518 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, September 22nd.

About Invesco BulletShares 2028 Municipal Bond ETF

The Invesco BulletShares 2028 Municipal Bond ETF (BSMS) 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 2028. BSMS was launched on Sep 25, 2019 and is managed by Invesco.