Invesco BulletShares 2028 Municipal Bond ETF $BSMS Stake Increased by NewEdge Advisors LLC

NewEdge Advisors LLC raised its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 13.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 207,553 shares of the company’s stock after acquiring an additional 25,220 shares during the quarter. NewEdge Advisors LLC owned approximately 1.63% of Invesco BulletShares 2028 Municipal Bond ETF worth $4,856,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in BSMS. Western Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 1st quarter worth about $51,000. Private Trust Co. NA lifted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 464.6% during the fourth quarter. Private Trust Co. NA now owns 3,529 shares of the company’s stock worth $83,000 after purchasing an additional 2,904 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Invesco BulletShares 2028 Municipal Bond ETF in the fourth quarter worth about $92,000. Capital Analysts LLC acquired a new position in Invesco BulletShares 2028 Municipal Bond ETF in the fourth quarter worth about $156,000. Finally, Ascentis Independent Advisors acquired a new position in Invesco BulletShares 2028 Municipal Bond ETF in the first quarter worth about $160,000.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2028 Municipal Bond ETF stock opened at $23.44 on Wednesday. The business has a 50-day moving average price of $23.41 and a 200 day moving average price of $23.47. Invesco BulletShares 2028 Municipal Bond ETF has a fifty-two week low of $23.22 and a fifty-two week high of $23.70.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were given a $0.0558 dividend. The ex-dividend date was Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 2.9%.

About Invesco BulletShares 2028 Municipal Bond ETF

The Invesco BulletShares 2028 Municipal Bond ETF (BSMS) 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 2028. BSMS was launched on Sep 25, 2019 and is managed by Invesco.