Truist Financial Corp Purchases New Position in Invesco BulletShares 2028 Municipal Bond ETF $BSMS

Truist Financial Corp purchased a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 294,613 shares of the company’s stock, valued at approximately $6,898,000.

Several other hedge funds have also modified their holdings of the company. Royal Bank of Canada boosted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 6.2% during the 1st quarter. Royal Bank of Canada now owns 10,645 shares of the company’s stock valued at $247,000 after acquiring an additional 625 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the first quarter valued at $709,000. Jane Street Group LLC lifted its position in Invesco BulletShares 2028 Municipal Bond ETF by 1,087.6% during the first quarter. Jane Street Group LLC now owns 165,623 shares of the company’s stock valued at $3,838,000 after purchasing an additional 151,677 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 2nd quarter worth $34,000. Finally, Wealthcare Advisory Partners LLC increased its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 3.8% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 29,530 shares of the company’s stock worth $686,000 after buying an additional 1,090 shares during the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMS opened at $23.58 on Tuesday. Invesco BulletShares 2028 Municipal Bond ETF has a 12-month low of $22.41 and a 12-month high of $23.62. The firm’s 50-day moving average price is $23.51 and its 200-day moving average price is $23.43.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a dividend of $0.0539 per share. This represents a c) dividend on an annualized basis and a yield of 2.7%. This is a boost from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Tuesday, January 20th.

Invesco BulletShares 2028 Municipal Bond ETF Profile

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.