Northwestern Mutual Wealth Management Co. Purchases 2,847 Shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS)

Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 18.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,611 shares of the company’s stock after buying an additional 2,847 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.38% of Invesco BulletShares 2028 Municipal Bond ETF worth $432,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. First Command Advisory Services Inc. bought a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 1st quarter worth about $50,000. Sentinel Pension Advisors Inc. acquired a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the first quarter worth approximately $217,000. Foundry Financial Group Inc. bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF during the first quarter valued at approximately $247,000. Silverlake Wealth Management LLC acquired a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the first quarter valued at approximately $258,000. Finally, Paulson Wealth Management Inc. bought a new position in Invesco BulletShares 2028 Municipal Bond ETF in the 2nd quarter worth approximately $264,000.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

Shares of BSMS opened at $23.52 on Wednesday. The business’s fifty day moving average price is $23.46 and its two-hundred day moving average price is $23.36. Invesco BulletShares 2028 Municipal Bond ETF has a 52 week low of $22.25 and a 52 week high of $23.81.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.055 dividend. This is a boost from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, September 23rd. This represents a $0.66 annualized dividend and a yield of 2.81%.

Invesco BulletShares 2028 Municipal Bond ETF Company 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.