UBS Group AG Boosts Stake in Invesco BulletShares 2028 Municipal Bond ETF $BSMS

UBS Group AG raised its position in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 25.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 226,787 shares of the company’s stock after buying an additional 46,088 shares during the period. UBS Group AG’s holdings in Invesco BulletShares 2028 Municipal Bond ETF were worth $5,329,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BSMS. Private Trust Co. NA increased its stake in Invesco BulletShares 2028 Municipal Bond ETF by 464.6% in the 4th quarter. Private Trust Co. NA now owns 3,529 shares of the company’s stock valued at $83,000 after buying an additional 2,904 shares during the last quarter. Anchor Investment Management LLC increased its stake in Invesco BulletShares 2028 Municipal Bond ETF by 50.0% in the 3rd quarter. Anchor Investment Management LLC now owns 7,500 shares of the company’s stock valued at $176,000 after buying an additional 2,500 shares during the last quarter. HUB Investment Partners LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the 3rd quarter valued at about $201,000. Private Advisor Group LLC bought a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 3rd quarter valued at approximately $204,000. Finally, Coastal Bridge Advisors LLC bought a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 3rd quarter valued at approximately $209,000.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

Invesco BulletShares 2028 Municipal Bond ETF stock opened at $23.33 on Friday. Invesco BulletShares 2028 Municipal Bond ETF has a twelve month low of $22.94 and a twelve month high of $23.70. The firm has a 50 day moving average price of $23.45 and a 200-day moving average price of $23.50.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Monday, May 18th will be given a dividend of $0.0556 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. This is an increase from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2028 Municipal Bond ETF Profile

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.