Confluence Investment Management LLC Trims Position in Invesco BulletShares 2027 Municipal Bond ETF $BSMR

Confluence Investment Management LLC decreased its position in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 3.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 265,158 shares of the company’s stock after selling 8,829 shares during the quarter. Confluence Investment Management LLC’s holdings in Invesco BulletShares 2027 Municipal Bond ETF were worth $6,223,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Central Valley Advisors LLC purchased a new position in Invesco BulletShares 2027 Municipal Bond ETF during the first quarter worth about $4,369,000. Jones Financial Companies Lllp raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 1,169.4% during the 1st quarter. Jones Financial Companies Lllp now owns 135,724 shares of the company’s stock valued at $3,147,000 after buying an additional 125,032 shares during the period. Jane Street Group LLC acquired a new position in Invesco BulletShares 2027 Municipal Bond ETF in the first quarter valued at approximately $1,946,000. Hills Bank & Trust Co lifted its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 160.2% in the first quarter. Hills Bank & Trust Co now owns 78,361 shares of the company’s stock valued at $1,845,000 after acquiring an additional 48,240 shares during the last quarter. Finally, Precedent Wealth Partners LLC grew its position in Invesco BulletShares 2027 Municipal Bond ETF by 58.9% in the first quarter. Precedent Wealth Partners LLC now owns 115,196 shares of the company’s stock worth $2,713,000 after acquiring an additional 42,713 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

BSMR stock opened at $23.72 on Friday. Invesco BulletShares 2027 Municipal Bond ETF has a 52-week low of $22.88 and a 52-week high of $23.93. The business has a fifty day moving average of $23.57 and a two-hundred day moving average of $23.47.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 22nd. Investors of record on Monday, August 18th were issued a $0.0543 dividend. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date was Monday, August 18th.

Invesco BulletShares 2027 Municipal Bond ETF 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.