PAX Financial Group LLC Makes New Investment in Invesco BulletShares 2028 Municipal Bond ETF $BSMS

PAX Financial Group LLC purchased a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 48,065 shares of the company’s stock, valued at approximately $1,130,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Trust Co. NA raised its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 464.6% in the 4th quarter. Private Trust Co. NA now owns 3,529 shares of the company’s stock worth $83,000 after purchasing an additional 2,904 shares in the last quarter. Anchor Investment Management LLC raised its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 50.0% in the 3rd quarter. Anchor Investment Management LLC now owns 7,500 shares of the company’s stock worth $176,000 after purchasing an additional 2,500 shares in the last quarter. HUB Investment Partners LLC bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 3rd quarter worth approximately $201,000. Private Advisor Group LLC bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 3rd quarter worth approximately $204,000. Finally, Community Bank & Trust Waco Texas bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 3rd quarter worth approximately $208,000.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

NASDAQ BSMS opened at $23.43 on Friday. The company’s 50 day simple moving average is $23.47 and its 200 day simple moving average is $23.50. Invesco BulletShares 2028 Municipal Bond ETF has a 12 month low of $22.89 and a 12 month high of $23.70.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 20th were issued a $0.0516 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, April 20th.

Invesco BulletShares 2028 Municipal Bond ETF 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.