HighTower Advisors LLC Raises Stock Holdings in Invesco BulletShares 2028 Municipal Bond ETF $BSMS

HighTower Advisors LLC increased its position in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 101.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 117,134 shares of the company’s stock after buying an additional 59,017 shares during the period. HighTower Advisors LLC’s holdings in Invesco BulletShares 2028 Municipal Bond ETF were worth $2,753,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Truist Financial Corp raised its stake in Invesco BulletShares 2028 Municipal Bond ETF by 1.4% in the 4th quarter. Truist Financial Corp now owns 298,844 shares of the company’s stock worth $7,023,000 after acquiring an additional 4,231 shares during the last quarter. Bank of America Corp DE raised its stake in Invesco BulletShares 2028 Municipal Bond ETF by 0.7% in the 3rd quarter. Bank of America Corp DE now owns 241,546 shares of the company’s stock worth $5,656,000 after acquiring an additional 1,683 shares during the last quarter. Invesco Ltd. raised its stake in Invesco BulletShares 2028 Municipal Bond ETF by 10.2% in the 3rd quarter. Invesco Ltd. now owns 236,910 shares of the company’s stock worth $5,547,000 after acquiring an additional 21,838 shares during the last quarter. UBS Group AG raised its stake in Invesco BulletShares 2028 Municipal Bond ETF by 25.5% in the 4th quarter. UBS Group AG now owns 226,787 shares of the company’s stock worth $5,329,000 after acquiring an additional 46,088 shares during the last quarter. Finally, Hills Bank & Trust Co raised its stake in Invesco BulletShares 2028 Municipal Bond ETF by 19.6% in the 4th quarter. Hills Bank & Trust Co now owns 218,048 shares of the company’s stock worth $5,124,000 after acquiring an additional 35,806 shares during the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

Shares of BSMS stock opened at $23.39 on Monday. The business has a fifty day moving average of $23.43 and a 200 day moving average of $23.50. Invesco BulletShares 2028 Municipal Bond ETF has a 1 year low of $23.07 and a 1 year high of $23.70.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

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

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.