Legacy Private Trust Co. Makes New Investment in Invesco BulletShares 2028 Municipal Bond ETF $BSMS

Legacy Private Trust Co. purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) during the third quarter, according to its most recent disclosure with the SEC. The firm purchased 65,304 shares of the company’s stock, valued at approximately $1,489,000. Legacy Private Trust Co. owned approximately 0.45% of Invesco BulletShares 2028 Municipal Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Solutions Advisory Group Inc. acquired a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the first quarter worth about $3,237,000. Coastline Complete Wealth LLC grew its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 132.9% in the first quarter. Coastline Complete Wealth LLC now owns 166,667 shares of the company’s stock valued at $3,899,000 after buying an additional 95,112 shares in the last quarter. Kinetic Wealth Investment Advisors LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the second quarter worth about $2,121,000. Citadel Advisors LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 2nd quarter worth approximately $1,433,000. Finally, Confluence Investment Management LLC purchased a new position in Invesco BulletShares 2028 Municipal Bond ETF in the third quarter valued at $1,312,000.

Invesco BulletShares 2028 Municipal Bond ETF Trading Down 0.0%

Shares of NASDAQ:BSMS traded down $0.00 during trading hours on Tuesday, reaching $22.89. The stock had a trading volume of 122,222 shares, compared to its average volume of 60,965. Invesco BulletShares 2028 Municipal Bond ETF has a 1 year low of $22.63 and a 1 year high of $23.70. The firm’s 50 day moving average is $23.22 and its 200-day moving average is $23.35.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were given a dividend of $0.0535 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, September 21st. This is a negative change from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.0583.

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.