Principal Securities Inc. Takes $94,000 Position in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Principal Securities Inc. acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 3,993 shares of the company’s stock, valued at approximately $94,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BSMR. River Street Advisors LLC bought a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the third quarter valued at $50,000. Webster Bank N. A. grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 74.7% in the fourth quarter. Webster Bank N. A. now owns 5,520 shares of the company’s stock valued at $130,000 after buying an additional 2,360 shares in the last quarter. Crews Bank & Trust bought a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter valued at $200,000. Wingate Wealth Advisors Inc. bought a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter valued at $200,000. Finally, Voisard Asset Management Group Inc. bought a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the third quarter valued at $211,000.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

NASDAQ:BSMR opened at $23.76 on Thursday. Invesco BulletShares 2027 Municipal Bond ETF has a 1-year low of $23.30 and a 1-year high of $23.93. The firm has a fifty day simple moving average of $23.64 and a 200 day simple moving average of $23.68.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 28th. Investors of record on Monday, February 24th will be paid a $0.0525 dividend. The ex-dividend date of this dividend is Monday, February 24th.

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.