River Street Advisors LLC Has $1.09 Million Holdings in Invesco BulletShares 2027 Municipal Bond ETF $BSMR

River Street Advisors LLC grew its stake in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 108.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,214 shares of the company’s stock after buying an additional 24,014 shares during the period. River Street Advisors LLC owned approximately 0.33% of Invesco BulletShares 2027 Municipal Bond ETF worth $1,093,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in BSMR. Royal Bank of Canada boosted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 6.8% during the first quarter. Royal Bank of Canada now owns 49,722 shares of the company’s stock worth $1,171,000 after buying an additional 3,147 shares in the last quarter. Jane Street Group LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF during the first quarter worth about $1,946,000. Cetera Investment Advisers increased its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 19.2% during the 2nd quarter. Cetera Investment Advisers now owns 15,762 shares of the company’s stock worth $370,000 after purchasing an additional 2,542 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 7.3% during the 2nd quarter. Invesco Ltd. now owns 293,809 shares of the company’s stock worth $6,896,000 after buying an additional 20,082 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the second quarter valued at $231,000.

Invesco BulletShares 2027 Municipal Bond ETF Stock Up 0.1%

BSMR stock opened at $23.65 on Friday. The company has a fifty day moving average price of $23.62 and a two-hundred day moving average price of $23.68. Invesco BulletShares 2027 Municipal Bond ETF has a one year low of $23.44 and a one year high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a $0.0546 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This is a boost from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%.

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.