Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) to Issue Monthly Dividend of $0.05

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) announced a monthly dividend on Monday, September 21st. Investors of record on Monday, September 21st will be paid a dividend of 0.053 per share on Friday, September 25th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date is Monday, September 21st.

Invesco BulletShares 2027 Municipal Bond ETF Stock Down 0.3%

Shares of BSMR stock traded down $0.06 during trading hours on Monday, reaching $23.44. 105,047 shares of the company’s stock were exchanged, compared to its average volume of 59,130. Invesco BulletShares 2027 Municipal Bond ETF has a fifty-two week low of $23.39 and a fifty-two week high of $23.85. The business has a fifty day moving average price of $23.59 and a 200-day moving average price of $23.63.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BSMR. Bank of America Corp DE raised its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 63.9% in the 1st quarter. Bank of America Corp DE now owns 466,692 shares of the company’s stock worth $11,039,000 after buying an additional 181,981 shares in the last quarter. Financial Solutions Advisory Group Inc. acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 1st quarter valued at $8,155,000. Key Financial Inc grew its position in 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 valued at $8,091,000 after acquiring an additional 33,267 shares during the period. NewEdge Advisors LLC grew its position in Invesco BulletShares 2027 Municipal Bond ETF by 7.0% in the second quarter. NewEdge Advisors LLC now owns 217,832 shares of the company’s stock valued at $5,150,000 after acquiring an additional 14,192 shares during the period. Finally, Integrated Wealth Concepts LLC raised its stake in Invesco BulletShares 2027 Municipal Bond ETF by 2.2% during the second 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.

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.