Freedom Investment Management Inc. Lowers Stake in Invesco BulletShares 2027 Municipal Bond ETF $BSMR

Freedom Investment Management Inc. decreased its stake in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 4.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 11,898 shares of the company’s stock after selling 563 shares during the quarter. Freedom Investment Management Inc.’s holdings in Invesco BulletShares 2027 Municipal Bond ETF were worth $279,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 10.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 15,372 shares of the company’s stock worth $362,000 after buying an additional 1,489 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 51.6% in the first quarter. PNC Financial Services Group Inc. now owns 11,609 shares of the company’s stock worth $273,000 after buying an additional 3,950 shares during the period. LPL Financial LLC boosted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 13.6% in the first quarter. LPL Financial LLC now owns 338,907 shares of the company’s stock worth $7,981,000 after buying an additional 40,529 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 20.4% in the first quarter. Envestnet Asset Management Inc. now owns 143,860 shares of the company’s stock worth $3,388,000 after buying an additional 24,340 shares during the period. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the second quarter worth about $34,000.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMR opened at $23.65 on Monday. Invesco BulletShares 2027 Municipal Bond ETF has a 1-year low of $22.88 and a 1-year high of $23.93. The business has a 50-day moving average of $23.65 and a 200-day moving average of $23.50.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 24th. Stockholders of record on Monday, October 20th were given a $0.052 dividend. The ex-dividend date of this dividend was Monday, October 20th. This represents a c) annualized dividend and a dividend yield of 2.6%.

Invesco BulletShares 2027 Municipal Bond ETF Profile

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.