Verdence Capital Advisors LLC Makes New $1.96 Million Investment in Invesco BulletShares 2027 Municipal Bond ETF $BSMR

Verdence Capital Advisors LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 84,404 shares of the company’s stock, valued at approximately $1,963,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Signaturefd LLC acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter valued at about $1,598,000. River Street Advisors LLC boosted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 33.5% during the 3rd quarter. River Street Advisors LLC now owns 61,852 shares of the company’s stock valued at $1,439,000 after purchasing an additional 15,538 shares in the last quarter. OLD Second National Bank of Aurora acquired a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter worth approximately $1,554,000. Precedent Wealth Partners LLC grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 12.7% in the 3rd quarter. Precedent Wealth Partners LLC now owns 214,181 shares of the company’s stock worth $4,982,000 after purchasing an additional 24,129 shares during the last quarter. Finally, Carnegie Investment Counsel acquired a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter worth approximately $381,000.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

BSMR stock opened at $23.50 on Wednesday. Invesco BulletShares 2027 Municipal Bond ETF has a 12 month low of $23.12 and a 12 month high of $23.85. The firm has a 50 day simple moving average of $23.45 and a 200 day simple moving average of $23.61.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

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

Invesco BulletShares 2027 Municipal Bond ETF Company 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.