Coastline Complete Wealth LLC Makes New $1.68 Million Investment in Invesco BulletShares 2028 Municipal Bond ETF $BSMS

Coastline Complete Wealth LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 71,555 shares of the company’s stock, valued at approximately $1,682,000. Invesco BulletShares 2028 Municipal Bond ETF accounts for approximately 1.1% of Coastline Complete Wealth LLC’s investment portfolio, making the stock its 21st biggest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Private Trust Co. NA grew its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 464.6% during the fourth quarter. Private Trust Co. NA now owns 3,529 shares of the company’s stock worth $83,000 after buying an additional 2,904 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the fourth quarter valued at approximately $92,000. Capital Analysts LLC acquired a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the fourth quarter valued at approximately $156,000. Anchor Investment Management LLC lifted its stake in Invesco BulletShares 2028 Municipal Bond ETF by 50.0% in the third quarter. Anchor Investment Management LLC now owns 7,500 shares of the company’s stock worth $176,000 after acquiring an additional 2,500 shares during the last quarter. Finally, Francis Financial Inc. purchased a new position in Invesco BulletShares 2028 Municipal Bond ETF in the fourth quarter worth approximately $200,000.

Invesco BulletShares 2028 Municipal Bond ETF Trading Up 0.1%

NASDAQ BSMS opened at $23.50 on Friday. Invesco BulletShares 2028 Municipal Bond ETF has a 52 week low of $23.11 and a 52 week high of $23.70. The firm has a 50 day moving average of $23.43 and a two-hundred day moving average of $23.50.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were given a dividend of $0.0556 per share. This is an increase from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Monday, May 18th. This represents a c) annualized dividend and a dividend yield of 2.8%.

About Invesco BulletShares 2028 Municipal Bond ETF

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.