Asset Dedication LLC Grows Stock Holdings in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS)

Asset Dedication LLC raised its position in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 14.3% during the first quarter, Holdings Channel.com reports. The fund owned 87,836 shares of the company’s stock after purchasing an additional 11,002 shares during the quarter. Asset Dedication LLC’s holdings in Invesco BulletShares 2028 Municipal Bond ETF were worth $2,036,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 16.1% in the first quarter. Envestnet Asset Management Inc. now owns 143,631 shares of the company’s stock valued at $3,329,000 after acquiring an additional 19,959 shares during the period. Private Trust Co. NA increased its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 77.4% in the first quarter. Private Trust Co. NA now owns 6,475 shares of the company’s stock valued at $150,000 after acquiring an additional 2,825 shares during the period. Hills Bank & Trust Co increased its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 59.2% during the first quarter. Hills Bank & Trust Co now owns 42,347 shares of the company’s stock valued at $981,000 after buying an additional 15,751 shares during the period. Avior Wealth Management LLC increased its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 16.2% during the first quarter. Avior Wealth Management LLC now owns 18,540 shares of the company’s stock valued at $430,000 after buying an additional 2,583 shares during the period. Finally, Precedent Wealth Partners LLC raised its stake in Invesco BulletShares 2028 Municipal Bond ETF by 58.4% in the first quarter. Precedent Wealth Partners LLC now owns 118,665 shares of the company’s stock worth $2,750,000 after buying an additional 43,745 shares in the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

BSMS stock opened at $23.15 on Friday. Invesco BulletShares 2028 Municipal Bond ETF has a 1 year low of $22.41 and a 1 year high of $23.72. The firm has a 50-day moving average of $23.12 and a 200 day moving average of $23.19.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were paid a $0.0561 dividend. This is an increase from Invesco BulletShares 2028 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date was Monday, June 23rd.

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.