Private Advisor Group LLC Cuts Position in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Private Advisor Group LLC cut its holdings in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 34.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,400 shares of the company’s stock after selling 4,922 shares during the period. Private Advisor Group LLC owned approximately 0.10% of Invesco BulletShares 2027 Municipal Bond ETF worth $222,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in BSMR. Atlantic Union Bankshares Corp raised its stake in Invesco BulletShares 2027 Municipal Bond ETF by 37.8% in the third quarter. Atlantic Union Bankshares Corp now owns 186,189 shares of the company’s stock worth $4,413,000 after buying an additional 51,082 shares in the last quarter. Sanctuary Advisors LLC raised its position in Invesco BulletShares 2027 Municipal Bond ETF by 6.4% in the fourth quarter. Sanctuary Advisors LLC now owns 184,052 shares of the company’s stock worth $4,350,000 after acquiring an additional 11,024 shares during the period. Avior Wealth Management LLC raised its position in Invesco BulletShares 2027 Municipal Bond ETF by 44.8% in the fourth quarter. Avior Wealth Management LLC now owns 128,236 shares of the company’s stock worth $3,026,000 after acquiring an additional 39,677 shares during the period. Atria Investments Inc raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 5.2% during the 3rd quarter. Atria Investments Inc now owns 90,359 shares of the company’s stock valued at $2,142,000 after purchasing an additional 4,429 shares during the period. Finally, Asset Dedication LLC raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 5.3% during the 4th quarter. Asset Dedication LLC now owns 86,059 shares of the company’s stock valued at $2,031,000 after purchasing an additional 4,336 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

Shares of BSMR stock opened at $23.67 on Friday. The company’s fifty day moving average price is $23.66 and its 200-day moving average price is $23.69. Invesco BulletShares 2027 Municipal Bond ETF has a one year low of $23.30 and a one year high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were paid a dividend of $0.0525 per share. The ex-dividend date of this dividend was Monday, February 24th.

Invesco BulletShares 2027 Municipal Bond ETF Company 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.