Financial Solutions Advisory Group Inc. Makes New $8.15 Million Investment in Invesco BulletShares 2027 Municipal Bond ETF $BSMR

Financial Solutions Advisory Group Inc. purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) during the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 344,756 shares of the company’s stock, valued at approximately $8,155,000. Invesco BulletShares 2027 Municipal Bond ETF comprises 1.1% of Financial Solutions Advisory Group Inc.’s investment portfolio, making the stock its 17th biggest position.

Other institutional investors also recently made changes to their positions in the company. Private Trust Co. NA acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter worth $50,000. Advisory Services Network LLC purchased a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter worth $136,000. Anchor Investment Management LLC acquired a new position in Invesco BulletShares 2027 Municipal Bond ETF in the first quarter valued at $147,000. Cookson Peirce & Co. Inc. acquired a new position in Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter valued at $216,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 8.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,622 shares of the company’s stock valued at $228,000 after acquiring an additional 765 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

BSMR stock opened at $23.58 on Friday. The stock has a 50-day moving average price of $23.62 and a two-hundred day moving average price of $23.67. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $23.48 and a 12-month high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were paid a $0.055 dividend. The ex-dividend date of this dividend was Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 2.8%. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.05.

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.