Sentinel Pension Advisors Inc. Acquires 2,569 Shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Sentinel Pension Advisors Inc. boosted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 14.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,900 shares of the company’s stock after acquiring an additional 2,569 shares during the quarter. Sentinel Pension Advisors Inc. owned about 0.27% of Invesco BulletShares 2027 Municipal Bond ETF worth $472,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Asset Dedication LLC increased its position in Invesco BulletShares 2027 Municipal Bond ETF by 15.7% during the third quarter. Asset Dedication LLC now owns 81,723 shares of the company’s stock valued at $1,937,000 after acquiring an additional 11,104 shares during the last quarter. Webster Bank N. A. grew its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 25.1% during the 3rd quarter. Webster Bank N. A. now owns 3,160 shares of the company’s stock valued at $75,000 after purchasing an additional 635 shares during the last quarter. Kades & Cheifetz LLC purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter worth about $224,000. Sanctuary Advisors LLC purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 2nd quarter worth about $1,814,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 11.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 13,029 shares of the company’s stock worth $306,000 after purchasing an additional 1,348 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Trading Up 0.0 %

Shares of NASDAQ BSMR traded up $0.01 during midday trading on Wednesday, hitting $23.73. The company’s stock had a trading volume of 4,716 shares, compared to its average volume of 43,343. The business’s 50 day moving average is $23.70 and its two-hundred day moving average is $23.59. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $22.63 and a 12-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 paid a dividend of $0.055 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.78%.

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.