Kinetic Wealth Investment Advisors LLC Makes New Investment in Invesco BulletShares 2027 Municipal Bond ETF $BSMR

Kinetic Wealth Investment Advisors LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 64,087 shares of the company’s stock, valued at approximately $1,515,000. Invesco BulletShares 2027 Municipal Bond ETF accounts for about 0.7% of Kinetic Wealth Investment Advisors LLC’s investment portfolio, making the stock its 23rd biggest position. Kinetic Wealth Investment Advisors LLC owned 0.44% of Invesco BulletShares 2027 Municipal Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE boosted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 63.9% during the first quarter. Bank of America Corp DE now owns 466,692 shares of the company’s stock valued at $11,039,000 after buying an additional 181,981 shares in the last quarter. LPL Financial LLC raised its position in Invesco BulletShares 2027 Municipal Bond ETF by 7.8% in the fourth quarter. LPL Financial LLC now owns 445,800 shares of the company’s stock worth $10,550,000 after acquiring an additional 32,144 shares in the last quarter. Invesco Ltd. raised its position in Invesco BulletShares 2027 Municipal Bond ETF by 10.7% in the fourth quarter. Invesco Ltd. now owns 369,828 shares of the company’s stock worth $8,752,000 after acquiring an additional 35,734 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 about $8,155,000. Finally, Key Financial Inc lifted its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 10.8% in the 1st 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 last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of BSMR opened at $23.58 on Tuesday. The firm’s 50 day moving average is $23.61 and its 200-day moving average is $23.65. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $23.49 and a 12-month high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were paid a dividend of $0.0545 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 2.8%.

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.