AlphaStar Capital Management LLC Grows Stock Holdings in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS)

AlphaStar Capital Management LLC grew its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 22.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,372 shares of the company’s stock after acquiring an additional 7,623 shares during the period. AlphaStar Capital Management LLC owned 0.86% of Invesco BulletShares 2028 Municipal Bond ETF worth $961,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. First Command Advisory Services Inc. purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 1st quarter worth about $50,000. Sentinel Pension Advisors Inc. purchased a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the first quarter worth about $217,000. Foundry Financial Group Inc. purchased a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the first quarter worth about $247,000. Beacon Pointe Advisors LLC bought a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF in the fourth quarter valued at approximately $253,000. Finally, Silverlake Wealth Management LLC purchased a new position in Invesco BulletShares 2028 Municipal Bond ETF during the first quarter valued at approximately $258,000.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

Invesco BulletShares 2028 Municipal Bond ETF stock traded down $0.05 during midday trading on Tuesday, reaching $23.41. 2,471 shares of the stock were exchanged, compared to its average volume of 24,039. The company’s fifty day moving average is $23.36 and its 200-day moving average is $23.38. Invesco BulletShares 2028 Municipal Bond ETF has a 52 week low of $22.25 and a 52 week high of $23.81.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were issued a $0.054 dividend. The ex-dividend date was Monday, August 19th. This represents a $0.65 annualized dividend and a dividend yield of 2.77%.

Invesco BulletShares 2028 Municipal Bond ETF Profile

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.