Hobbs Group Advisors LLC Sells 16,161 Shares of Invesco BulletShares 2028 Municipal Bond ETF $BSMS

Hobbs Group Advisors LLC decreased its holdings in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 46.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,986 shares of the company’s stock after selling 16,161 shares during the period. Hobbs Group Advisors LLC’s holdings in Invesco BulletShares 2028 Municipal Bond ETF were worth $441,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF in the second quarter worth about $34,000. Larson Financial Group LLC bought a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF in the first quarter worth about $126,000. Private Trust Co. NA boosted its stake 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 worth $150,000 after acquiring an additional 2,825 shares during the period. Royal Bank of Canada boosted its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 6.2% in the first quarter. Royal Bank of Canada now owns 10,645 shares of the company’s stock worth $247,000 after acquiring an additional 625 shares during the period. Finally, Legacy Private Trust Co. bought a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF in the second quarter worth about $257,000.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2028 Municipal Bond ETF stock opened at $23.48 on Friday. The stock has a 50 day moving average of $23.40 and a 200 day moving average of $23.19. Invesco BulletShares 2028 Municipal Bond ETF has a 12 month low of $22.41 and a 12 month high of $23.72.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were paid a dividend of $0.0518 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a c) dividend on an annualized basis and a yield of 2.6%.

Invesco BulletShares 2028 Municipal Bond ETF Company 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.