MONECO Advisors LLC Grows Stake in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS)

MONECO Advisors LLC raised its position in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 42.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 47,596 shares of the company’s stock after purchasing an additional 14,198 shares during the period. MONECO Advisors LLC owned about 0.90% of Invesco BulletShares 2028 Municipal Bond ETF worth $1,122,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in BSMS. First Command Advisory Services Inc. lifted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 73.7% in the 2nd quarter. First Command Advisory Services Inc. now owns 3,734 shares of the company’s stock worth $87,000 after purchasing an additional 1,584 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 18.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 18,611 shares of the company’s stock worth $432,000 after buying an additional 2,847 shares during the period. Bill Few Associates Inc. lifted its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 33.5% during the second quarter. Bill Few Associates Inc. now owns 17,142 shares of the company’s stock worth $398,000 after buying an additional 4,305 shares during the period. Key Financial Inc boosted its position in Invesco BulletShares 2028 Municipal Bond ETF by 3.1% during the 2nd quarter. Key Financial Inc now owns 151,324 shares of the company’s stock valued at $3,515,000 after acquiring an additional 4,618 shares in the last quarter. Finally, Sentinel Pension Advisors Inc. increased its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 35.7% in the 3rd quarter. Sentinel Pension Advisors Inc. now owns 19,492 shares of the company’s stock valued at $460,000 after acquiring an additional 5,123 shares during the period.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

BSMS opened at $23.34 on Wednesday. Invesco BulletShares 2028 Municipal Bond ETF has a 12 month low of $22.28 and a 12 month high of $23.81. The stock has a fifty day moving average price of $23.48 and a 200-day moving average price of $23.37.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were issued a $0.057 dividend. The ex-dividend date of this dividend was Monday, October 21st. This is an increase from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.06. This represents a $0.68 dividend on an annualized basis and a yield of 2.93%.

About Invesco BulletShares 2028 Municipal Bond ETF

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.