Precedent Wealth Partners LLC Buys 11,909 Shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Precedent Wealth Partners LLC lifted its stake in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 20.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 69,835 shares of the company’s stock after buying an additional 11,909 shares during the quarter. Precedent Wealth Partners LLC’s holdings in Invesco BulletShares 2027 Municipal Bond ETF were worth $1,655,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Webster Bank N. A. raised its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 49.9% in the first quarter. Webster Bank N. A. now owns 2,525 shares of the company’s stock worth $60,000 after purchasing an additional 840 shares during the last quarter. First Command Advisory Services Inc. bought a new position in Invesco BulletShares 2027 Municipal Bond ETF during the 1st quarter valued at about $70,000. Kades & Cheifetz LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF during the 3rd quarter valued at about $224,000. Foundry Financial Group Inc. boosted its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 12.6% during the 1st quarter. Foundry Financial Group Inc. now owns 10,544 shares of the company’s stock valued at $249,000 after acquiring an additional 1,184 shares during the last quarter. Finally, Silverlake Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the first quarter worth approximately $258,000.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

BSMR opened at $23.78 on Friday. The firm has a 50 day moving average price of $23.70 and a 200-day moving average price of $23.59. Invesco BulletShares 2027 Municipal Bond ETF has a twelve month low of $22.63 and a twelve month high of $23.92.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.055 per share. This represents a $0.66 annualized dividend and a dividend yield of 2.78%. The ex-dividend date was Monday, September 23rd.

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.