Key Financial Inc Acquires 160,075 Shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Key Financial Inc increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 384.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 201,711 shares of the company’s stock after acquiring an additional 160,075 shares during the quarter. Invesco BulletShares 2027 Municipal Bond ETF makes up about 1.3% of Key Financial Inc’s portfolio, making the stock its 18th largest position. Key Financial Inc’s holdings in Invesco BulletShares 2027 Municipal Bond ETF were worth $4,821,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 619.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,970 shares of the company’s stock worth $70,000 after purchasing an additional 2,557 shares during the last quarter. UBS Group AG boosted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 114.0% during the first quarter. UBS Group AG now owns 3,276 shares of the company’s stock valued at $79,000 after purchasing an additional 1,745 shares during the period. Captrust Financial Advisors increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 46.0% in the first quarter. Captrust Financial Advisors now owns 7,923 shares of the company’s stock worth $192,000 after buying an additional 2,496 shares during the period. MML Investors Services LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the first quarter worth about $202,000. Finally, Beacon Pointe Advisors LLC bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 2nd quarter worth approximately $200,000.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

BSMR stock traded up $0.04 on Wednesday, reaching $23.54. The company’s stock had a trading volume of 8,735 shares, compared to its average volume of 31,128. The business has a fifty day simple moving average of $23.69 and a two-hundred day simple moving average of $23.51. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $22.63 and a 12-month high of $23.92.

Invesco BulletShares 2027 Municipal Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a $0.0545 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend was Monday, March 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.