Elequin Capital LP Grows Position in Invesco BulletShares 2028 Municipal Bond ETF $BSMS

Elequin Capital LP raised its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 31,150.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 100,000 shares of the company’s stock after purchasing an additional 99,680 shares during the period. Invesco BulletShares 2028 Municipal Bond ETF accounts for 0.1% of Elequin Capital LP’s portfolio, making the stock its 26th largest position. Elequin Capital LP owned about 1.01% of Invesco BulletShares 2028 Municipal Bond ETF worth $2,342,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of BSMS. Bank of America Corp DE grew its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 0.7% during the 3rd quarter. Bank of America Corp DE now owns 241,546 shares of the company’s stock valued at $5,656,000 after buying an additional 1,683 shares during the period. Anchor Investment Management LLC raised its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 50.0% in the 3rd quarter. Anchor Investment Management LLC now owns 7,500 shares of the company’s stock worth $176,000 after buying an additional 2,500 shares during the period. Ameriprise Financial Inc. purchased a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 3rd quarter worth $305,000. Raymond James Financial Inc. boosted its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 8.7% in the third quarter. Raymond James Financial Inc. now owns 166,354 shares of the company’s stock valued at $3,895,000 after acquiring an additional 13,331 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 10.2% in the third quarter. Invesco Ltd. now owns 236,910 shares of the company’s stock valued at $5,547,000 after acquiring an additional 21,838 shares during the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

Shares of NASDAQ:BSMS opened at $23.56 on Friday. The business has a 50-day moving average of $23.60 and a two-hundred day moving average of $23.50. Invesco BulletShares 2028 Municipal Bond ETF has a 12 month low of $22.41 and a 12 month high of $23.70.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a dividend of $0.0528 per share. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Monday, February 23rd.

Invesco BulletShares 2028 Municipal Bond ETF Company 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.