Invesco BulletShares 2027 Municipal Bond ETF to Issue Monthly Dividend of $0.05 (NASDAQ:BSMR)

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) announced a monthly dividend on Monday, August 24th, NASDAQ Dividends reports. Investors of record on Monday, August 24th will be paid a dividend of 0.0545 per share on Friday, August 28th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Monday, August 24th.

Invesco BulletShares 2027 Municipal Bond ETF Trading Down 0.3%

Invesco BulletShares 2027 Municipal Bond ETF stock traded down $0.08 during midday trading on Monday, reaching $23.61. The stock had a trading volume of 92,594 shares, compared to its average volume of 58,494. Invesco BulletShares 2027 Municipal Bond ETF has a 12 month low of $23.49 and a 12 month high of $23.85. The firm’s 50-day moving average price is $23.62 and its 200 day moving average price is $23.66.

Hedge Funds Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Large investors have recently modified their holdings of the business. Royal Bank of Canada lifted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 6.8% during the 1st quarter. Royal Bank of Canada now owns 49,722 shares of the company’s stock valued at $1,171,000 after buying an additional 3,147 shares in the last quarter. Jane Street Group LLC bought a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the 1st quarter valued at $1,946,000. Cetera Investment Advisers raised 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 valued at $370,000 after acquiring an additional 2,542 shares during the period. Invesco Ltd. lifted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 7.3% during the second quarter. Invesco Ltd. now owns 293,809 shares of the company’s stock worth $6,896,000 after acquiring an additional 20,082 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the second quarter worth $231,000.

About Invesco BulletShares 2027 Municipal Bond ETF

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.