Cornerstone Wealth Management LLC Takes Position in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Cornerstone Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 50,266 shares of the company’s stock, valued at approximately $1,186,000. Cornerstone Wealth Management LLC owned about 0.59% of Invesco BulletShares 2027 Municipal Bond ETF at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of BSMR. NewEdge Advisors LLC grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 4.4% during the second quarter. NewEdge Advisors LLC now owns 121,344 shares of the company’s stock valued at $2,849,000 after purchasing an additional 5,081 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 11.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 13,029 shares of the company’s stock valued at $306,000 after acquiring an additional 1,348 shares during the last quarter. Sanctuary Advisors LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF in the second quarter valued at approximately $1,814,000. Kades & Cheifetz LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF in the third quarter valued at approximately $224,000. Finally, Webster Bank N. A. boosted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 25.1% in the third quarter. Webster Bank N. A. now owns 3,160 shares of the company’s stock valued at $75,000 after acquiring an additional 635 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Stock Down 0.0 %

Shares of BSMR stock opened at $23.58 on Friday. Invesco BulletShares 2027 Municipal Bond ETF has a 52-week low of $23.30 and a 52-week high of $23.93. The firm’s 50 day moving average price is $23.67 and its two-hundred day moving average price is $23.67.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 24th. Shareholders 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 a boost from Invesco BulletShares 2027 Municipal Bond ETF’s previous dividend of $0.05.

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.