Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Position Lessened by Addison Advisors LLC

Addison Advisors LLC trimmed its position in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 12.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,815 shares of the company’s stock after selling 2,080 shares during the period. Addison Advisors LLC owned about 0.37% of Invesco BulletShares 2028 Municipal Bond ETF worth $352,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Key Financial Inc raised its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 38.3% during the fourth quarter. Key Financial Inc now owns 60,856 shares of the company’s stock valued at $1,446,000 after buying an additional 16,865 shares in the last quarter. Precedent Wealth Partners LLC bought a new position in Invesco BulletShares 2028 Municipal Bond ETF during the fourth quarter valued at about $910,000. Bill Few Associates Inc. bought a new position in Invesco BulletShares 2028 Municipal Bond ETF during the fourth quarter valued at about $265,000. Raymond James & Associates raised its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 123.9% during the fourth quarter. Raymond James & Associates now owns 30,127 shares of the company’s stock valued at $716,000 after buying an additional 16,670 shares in the last quarter. Finally, Valicenti Advisory Services Inc. bought a new position in Invesco BulletShares 2028 Municipal Bond ETF during the fourth quarter valued at about $200,000.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

NASDAQ BSMS traded up $0.02 during trading on Friday, hitting $23.23. 6,988 shares of the company traded hands, compared to its average volume of 24,088. The business has a fifty day simple moving average of $23.46 and a 200 day simple moving average of $23.33. Invesco BulletShares 2028 Municipal Bond ETF has a 12 month low of $22.25 and a 12 month high of $23.81.

Invesco BulletShares 2028 Municipal Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd were paid a $0.0555 dividend. The ex-dividend date was Monday, April 22nd. This represents a $0.67 dividend on an annualized basis and a dividend yield of 2.87%.

About Invesco BulletShares 2028 Municipal Bond ETF

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.