Invesco BulletShares 2028 Municipal Bond ETF $BSMS Shares Newly Purchased by Horizons Wealth Management

Horizons Wealth Management purchased a new position in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) during the third quarter, Holdings Channel reports. The fund purchased 22,298 shares of the company’s stock, valued at approximately $508,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kinetic Wealth Investment Advisors LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the second quarter worth $2,121,000. Carnegie Investment Counsel bought a new position in Invesco BulletShares 2028 Municipal Bond ETF in the first quarter worth about $540,000. Private Advisor Group LLC boosted its position in Invesco BulletShares 2028 Municipal Bond ETF by 244.8% during the 1st quarter. Private Advisor Group LLC now owns 30,973 shares of the company’s stock valued at $725,000 after acquiring an additional 21,991 shares in the last quarter. Wedmont Private Capital purchased a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 2nd quarter worth approximately $712,000. Finally, Bank of America Corp DE raised its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 13.8% in the 1st quarter. Bank of America Corp DE now owns 292,733 shares of the company’s stock worth $6,848,000 after acquiring an additional 35,458 shares in the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Trading Up 0.0%

Shares of NASDAQ BSMS traded up $0.01 during mid-day trading on Monday, hitting $22.86. 23,521 shares of the stock traded hands, compared to its average volume of 60,501. The stock has a fifty day moving average price of $23.23 and a 200-day moving average price of $23.36. Invesco BulletShares 2028 Municipal Bond ETF has a 52 week low of $22.63 and a 52 week high of $23.70.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a $0.0535 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.8%. This is a drop from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.0583.

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.