WESPAC Advisors LLC Acquires 25,872 Shares of Invesco BulletShares 2027 Municipal Bond ETF $BSMR

WESPAC Advisors LLC acquired a new position in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 25,872 shares of the company’s stock, valued at approximately $602,000.

Other hedge funds have also bought and sold shares of the company. Bank of America Corp DE lifted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 63.9% during the 1st quarter. Bank of America Corp DE now owns 466,692 shares of the company’s stock valued at $11,039,000 after acquiring an additional 181,981 shares during the period. Financial Solutions Advisory Group Inc. bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the first quarter worth approximately $8,155,000. Key Financial Inc grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 10.8% in the first quarter. Key Financial Inc now owns 342,056 shares of the company’s stock worth $8,091,000 after acquiring an additional 33,267 shares during the period. NewEdge Advisors LLC grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 7.0% in the second quarter. NewEdge Advisors LLC now owns 217,832 shares of the company’s stock worth $5,150,000 after acquiring an additional 14,192 shares during the period. Finally, Precedent Wealth Partners LLC grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 12.7% in the third quarter. Precedent Wealth Partners LLC now owns 214,181 shares of the company’s stock worth $4,982,000 after acquiring an additional 24,129 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

BSMR opened at $23.50 on Tuesday. The firm has a 50 day moving average price of $23.45 and a 200-day moving average price of $23.61. Invesco BulletShares 2027 Municipal Bond ETF has a twelve month low of $23.12 and a twelve month high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were issued a $0.0565 dividend. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.0530. This represents a $0.68 annualized dividend and a yield of 2.9%. The ex-dividend date was Monday, October 19th.

About Invesco BulletShares 2027 Municipal Bond ETF

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.