Invesco BulletShares 2028 Municipal Bond ETF $BSMS Holdings Lowered by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC trimmed its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 25.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 197,624 shares of the company’s stock after selling 66,282 shares during the quarter. Commonwealth Equity Services LLC owned about 1.75% of Invesco BulletShares 2028 Municipal Bond ETF worth $4,644,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC raised its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 12.0% during the 4th quarter. LPL Financial LLC now owns 478,530 shares of the company’s stock worth $11,245,000 after buying an additional 51,111 shares in the last quarter. Truist Financial Corp raised its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 1.4% during the 4th quarter. Truist Financial Corp now owns 298,844 shares of the company’s stock worth $7,023,000 after buying an additional 4,231 shares in the last quarter. Bank of America Corp DE raised its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 0.7% during the 3rd quarter. Bank of America Corp DE now owns 241,546 shares of the company’s stock worth $5,656,000 after buying an additional 1,683 shares in the last quarter. Invesco Ltd. raised its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 10.2% during the 3rd quarter. Invesco Ltd. now owns 236,910 shares of the company’s stock worth $5,547,000 after buying an additional 21,838 shares in the last quarter. Finally, UBS Group AG raised its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 25.5% during the 4th quarter. UBS Group AG now owns 226,787 shares of the company’s stock worth $5,329,000 after buying an additional 46,088 shares in the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

NASDAQ BSMS opened at $23.39 on Monday. The company’s 50 day simple moving average is $23.42 and its 200 day simple moving average is $23.50. Invesco BulletShares 2028 Municipal Bond ETF has a 12 month low of $23.09 and a 12 month high of $23.70.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a $0.0556 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Monday, May 18th. This is an increase from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.05.

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.