Private Advisor Group LLC Acquires 26,282 Shares of Invesco BulletShares 2027 Municipal Bond ETF $BSMR

Private Advisor Group LLC lifted its stake in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 97.2% during the 1st quarter, HoldingsChannel reports. The fund owned 53,311 shares of the company’s stock after buying an additional 26,282 shares during the period. Private Advisor Group LLC’s holdings in Invesco BulletShares 2027 Municipal Bond ETF were worth $1,261,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of BSMR. Key Financial Inc raised its stake in Invesco BulletShares 2027 Municipal Bond ETF by 10.8% during the 1st quarter. Key Financial Inc now owns 342,056 shares of the company’s stock valued at $8,091,000 after purchasing an additional 33,267 shares during the last quarter. Foundry Financial Group Inc. acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 1st quarter worth $231,000. River Street Advisors LLC increased its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 108.2% during the 1st quarter. River Street Advisors LLC now owns 46,214 shares of the company’s stock worth $1,093,000 after purchasing an additional 24,014 shares during the period. Tassel Capital Management Inc. increased its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 7.2% during the 1st quarter. Tassel Capital Management Inc. now owns 12,427 shares of the company’s stock worth $294,000 after purchasing an additional 837 shares during the period. Finally, OLD Second National Bank of Aurora raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 505.9% during the first quarter. OLD Second National Bank of Aurora now owns 31,506 shares of the company’s stock valued at $745,000 after buying an additional 26,306 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

NASDAQ BSMR opened at $23.63 on Monday. The firm has a 50-day simple moving average of $23.62 and a 200 day simple moving average of $23.68. Invesco BulletShares 2027 Municipal Bond ETF has a twelve month low of $23.44 and a twelve month high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.0546 dividend. This is a positive change from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) annualized dividend and a yield of 2.8%.

About Invesco BulletShares 2027 Municipal Bond ETF

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.