Asset Dedication LLC Acquires 4,336 Shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Asset Dedication LLC lifted its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 5.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 86,059 shares of the company’s stock after purchasing an additional 4,336 shares during the quarter. Asset Dedication LLC’s holdings in Invesco BulletShares 2027 Municipal Bond ETF were worth $2,031,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stifel Financial Corp boosted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 368.1% during the 3rd quarter. Stifel Financial Corp now owns 53,729 shares of the company’s stock worth $1,273,000 after acquiring an additional 42,252 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter valued at $320,000. Captrust Financial Advisors boosted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 11.6% in the 3rd quarter. Captrust Financial Advisors now owns 12,314 shares of the company’s stock valued at $292,000 after purchasing an additional 1,279 shares during the period. Kades & Cheifetz LLC bought a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter valued at $224,000. Finally, Meridian Wealth Management LLC boosted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 6.4% in the 3rd quarter. Meridian Wealth Management LLC now owns 32,420 shares of the company’s stock valued at $768,000 after purchasing an additional 1,938 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

BSMR opened at $23.63 on Wednesday. The business has a fifty day simple moving average of $23.67 and a 200 day simple moving average of $23.68. Invesco BulletShares 2027 Municipal Bond ETF has a 1 year low of $23.30 and a 1 year high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were paid a $0.0551 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous dividend of $0.05.

Invesco BulletShares 2027 Municipal Bond ETF 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.