Invesco BulletShares 2027 Municipal Bond ETF $BSMR Position Raised by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC boosted its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 12.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 214,181 shares of the company’s stock after buying an additional 24,129 shares during the period. Precedent Wealth Partners LLC’s holdings in Invesco BulletShares 2027 Municipal Bond ETF were worth $4,982,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of BSMR. Bank of America Corp DE raised its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 63.9% during the first quarter. Bank of America Corp DE now owns 466,692 shares of the company’s stock valued at $11,039,000 after buying an additional 181,981 shares in the last quarter. Financial Solutions Advisory Group Inc. acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the first quarter worth about $8,155,000. Key Financial Inc lifted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 10.8% in the first quarter. Key Financial Inc now owns 342,056 shares of the company’s stock worth $8,091,000 after buying an additional 33,267 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 7.0% during the 2nd quarter. NewEdge Advisors LLC now owns 217,832 shares of the company’s stock worth $5,150,000 after acquiring an additional 14,192 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 2.2% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 200,752 shares of the company’s stock worth $4,746,000 after acquiring an additional 4,262 shares in the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMR opened at $23.48 on Friday. The business’s 50-day simple moving average is $23.46 and its 200-day simple moving average is $23.56. Invesco BulletShares 2027 Municipal Bond ETF has a 52 week low of $23.12 and a 52 week high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, October 23rd. Investors of record on Monday, October 19th will be issued a $0.0565 dividend. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.0530. The ex-dividend date is Monday, October 19th. This represents a $0.68 annualized dividend and a yield of 2.9%.

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.