Thrivent Financial for Lutherans Acquires 87,660 Shares of Invesco BulletShares 2027 Municipal Bond ETF $BSMR

Thrivent Financial for Lutherans boosted its holdings in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 625.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,675 shares of the company’s stock after acquiring an additional 87,660 shares during the quarter. Thrivent Financial for Lutherans owned 0.78% of Invesco BulletShares 2027 Municipal Bond ETF worth $2,406,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Avantax Planning Partners Inc. bought a new position in Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter valued at approximately $497,000. Cornerstone Wealth Management LLC lifted its position in Invesco BulletShares 2027 Municipal Bond ETF by 4.0% in the 4th quarter. Cornerstone Wealth Management LLC now owns 68,125 shares of the company’s stock valued at $1,612,000 after acquiring an additional 2,619 shares in the last quarter. Western Wealth Management LLC lifted its position in Invesco BulletShares 2027 Municipal Bond ETF by 11.5% in the 4th quarter. Western Wealth Management LLC now owns 14,600 shares of the company’s stock valued at $346,000 after acquiring an additional 1,500 shares in the last quarter. Moneco Advisors LLC lifted its position in Invesco BulletShares 2027 Municipal Bond ETF by 5.9% in the 4th quarter. Moneco Advisors LLC now owns 135,239 shares of the company’s stock valued at $3,200,000 after acquiring an additional 7,557 shares in the last quarter. Finally, Sequoia Financial Advisors LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter valued at approximately $672,000.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

BSMR stock opened at $23.58 on Tuesday. The stock’s 50 day simple moving average is $23.64 and its 200 day simple moving average is $23.68. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $23.26 and a 12-month high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were issued a dividend of $0.055 per share. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Monday, May 18th.

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.