Truist Financial Corp Makes New $6.90 Million Investment in Invesco BulletShares 2028 Municipal Bond ETF $BSMS

Truist Financial Corp purchased a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 294,613 shares of the company’s stock, valued at approximately $6,898,000. Truist Financial Corp owned 2.98% of Invesco BulletShares 2028 Municipal Bond ETF as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Farther Finance Advisors LLC purchased a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF during the second quarter worth about $34,000. Geneos Wealth Management Inc. bought a new position in Invesco BulletShares 2028 Municipal Bond ETF in the 3rd quarter worth approximately $73,000. Anchor Investment Management LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 2nd quarter valued at approximately $116,000. Steward Partners Investment Advisory LLC bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF during the second quarter valued at approximately $120,000. Finally, ORG Partners LLC raised its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 705.9% during the third quarter. ORG Partners LLC now owns 6,850 shares of the company’s stock valued at $160,000 after buying an additional 6,000 shares during the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

BSMS stock opened at $23.58 on Tuesday. The company’s fifty day moving average price is $23.51 and its 200-day moving average price is $23.43. Invesco BulletShares 2028 Municipal Bond ETF has a one year low of $22.41 and a one year high of $23.62.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a dividend of $0.0539 per share. This is a boost from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 2.7%.

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.