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

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) declared a monthly dividend on Monday, November 20th, NASDAQ reports. Shareholders of record on Tuesday, November 21st will be given a dividend of 0.054 per share on Friday, November 24th. This represents a $0.65 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date of this dividend is Monday, November 20th.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2027 Municipal Bond ETF stock traded up $0.02 during trading hours on Monday, reaching $23.32. 27,134 shares of the company’s stock were exchanged, compared to its average volume of 21,944. Invesco BulletShares 2027 Municipal Bond ETF has a 1 year low of $22.63 and a 1 year high of $24.17. The business has a fifty day moving average of $22.97 and a two-hundred day moving average of $23.32.

Institutional Trading of Invesco BulletShares 2027 Municipal Bond ETF

Several hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its stake in Invesco BulletShares 2027 Municipal Bond ETF by 619.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,970 shares of the company’s stock valued at $70,000 after purchasing an additional 2,557 shares during the last quarter. UBS Group AG lifted its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 114.0% in the first quarter. UBS Group AG now owns 3,276 shares of the company’s stock valued at $79,000 after acquiring an additional 1,745 shares during the period. Captrust Financial Advisors raised its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 46.0% during the 1st quarter. Captrust Financial Advisors now owns 7,923 shares of the company’s stock worth $192,000 after buying an additional 2,496 shares during the last quarter. MML Investors Services LLC acquired a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 1st quarter worth $202,000. Finally, Beacon Pointe Advisors LLC acquired a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 2nd quarter worth $200,000.

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.