Tlwm Boosts Stake in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Tlwm increased its stake in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 3.9% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,840 shares of the company’s stock after acquiring an additional 813 shares during the period. Tlwm owned about 0.41% of Invesco BulletShares 2027 Municipal Bond ETF worth $517,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BSMR. Foundry Financial Group Inc. bought a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the fourth quarter worth about $224,000. Levy Wealth Management Group LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF during the fourth quarter valued at approximately $250,000. Denver Wealth Management Inc. purchased a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the fourth quarter worth approximately $257,000. MONECO Advisors LLC bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter worth approximately $262,000. Finally, Bill Few Associates Inc. purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter valued at $267,000.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

NASDAQ:BSMR traded down $0.02 during trading hours on Thursday, reaching $23.49. The company’s stock had a trading volume of 28,397 shares, compared to its average volume of 34,818. The firm has a 50-day simple moving average of $23.49 and a 200-day simple moving average of $23.65. Invesco BulletShares 2027 Municipal Bond ETF has a 1 year low of $22.63 and a 1 year high of $23.92.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 24th will be issued a $0.0531 dividend. The ex-dividend date is Monday, June 24th. This represents a $0.64 annualized dividend and a dividend yield of 2.71%.

Invesco BulletShares 2027 Municipal Bond ETF Company 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.