CGN Advisors LLC Decreases Position in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

CGN Advisors LLC lowered its position in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,088 shares of the company’s stock after selling 2,435 shares during the quarter. CGN Advisors LLC owned 0.69% of Invesco BulletShares 2027 Municipal Bond ETF worth $1,371,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in BSMR. Stifel Financial Corp grew its stake in Invesco BulletShares 2027 Municipal Bond ETF by 368.1% in the 3rd quarter. Stifel Financial Corp now owns 53,729 shares of the company’s stock valued at $1,273,000 after acquiring an additional 42,252 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 11.6% during the 3rd quarter. Captrust Financial Advisors now owns 12,314 shares of the company’s stock worth $292,000 after purchasing an additional 1,279 shares in the last quarter. Kades & Cheifetz LLC acquired a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 3rd quarter worth approximately $224,000. Meridian Wealth Management LLC raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 6.4% during the 3rd quarter. Meridian Wealth Management LLC now owns 32,420 shares of the company’s stock worth $768,000 after purchasing an additional 1,938 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 5.1% in the 3rd quarter. MML Investors Services LLC now owns 26,405 shares of the company’s stock valued at $626,000 after buying an additional 1,283 shares in the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Invesco BulletShares 2027 Municipal Bond ETF stock opened at $23.64 on Friday. The stock has a fifty day moving average of $23.68 and a two-hundred day moving average of $23.67. Invesco BulletShares 2027 Municipal Bond ETF has a fifty-two week low of $23.30 and a fifty-two week high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.0534 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco BulletShares 2027 Municipal Bond ETF 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.