Central Valley Advisors LLC Buys Shares of 185,510 Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Central Valley Advisors LLC acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 185,510 shares of the company’s stock, valued at approximately $4,369,000. Invesco BulletShares 2027 Municipal Bond ETF comprises about 1.7% of Central Valley Advisors LLC’s investment portfolio, making the stock its 18th largest position. Central Valley Advisors LLC owned 1.86% of Invesco BulletShares 2027 Municipal Bond ETF at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Principal Securities Inc. acquired a new position in Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter worth approximately $94,000. EP Wealth Advisors LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF during the fourth quarter worth $155,000. Signaturefd LLC acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter worth approximately $158,000. PNC Financial Services Group Inc. boosted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 38.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,659 shares of the company’s stock valued at $181,000 after acquiring an additional 2,121 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. acquired a new position in Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter worth about $200,000.

Invesco BulletShares 2027 Municipal Bond ETF Trading Up 0.0%

BSMR stock opened at $23.34 on Tuesday. The business’s 50 day moving average is $23.32 and its 200-day moving average is $23.54. Invesco BulletShares 2027 Municipal Bond ETF has a 1-year low of $22.88 and a 1-year high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 23rd. Stockholders of record on Monday, May 19th were issued a $0.0579 dividend. This is a positive change from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, May 19th. This represents a $0.70 annualized dividend and a dividend yield of 2.98%.

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.