Kinetic Wealth Investment Advisors LLC Makes New $1.51 Million Investment in Invesco BulletShares 2027 Municipal Bond ETF $BSMR

Kinetic Wealth Investment Advisors LLC acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) in the second quarter, Holdings Channel reports. The fund acquired 64,087 shares of the company’s stock, valued at approximately $1,515,000. Invesco BulletShares 2027 Municipal Bond ETF makes up approximately 0.7% of Kinetic Wealth Investment Advisors LLC’s holdings, making the stock its 23rd largest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Tassel Capital Management Inc. lifted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 7.2% in the first quarter. Tassel Capital Management Inc. now owns 12,427 shares of the company’s stock worth $294,000 after purchasing an additional 837 shares in the last quarter. Coastal Bridge Advisors LLC grew its position in Invesco BulletShares 2027 Municipal Bond ETF by 11.6% during the fourth quarter. Coastal Bridge Advisors LLC now owns 11,463 shares of the company’s stock valued at $271,000 after purchasing an additional 1,191 shares in the last quarter. Farmers National Bank grew its position in Invesco BulletShares 2027 Municipal Bond ETF by 2.6% during the fourth quarter. Farmers National Bank now owns 50,949 shares of the company’s stock valued at $1,206,000 after purchasing an additional 1,309 shares in the last quarter. Western Wealth Management LLC increased its stake in Invesco BulletShares 2027 Municipal Bond ETF by 11.5% in the 4th quarter. Western Wealth Management LLC now owns 14,600 shares of the company’s stock valued at $346,000 after buying an additional 1,500 shares during the period. Finally, UBS Group AG increased its stake in Invesco BulletShares 2027 Municipal Bond ETF by 1.2% in the 3rd quarter. UBS Group AG now owns 168,606 shares of the company’s stock valued at $3,989,000 after buying an additional 1,996 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

BSMR stock opened at $23.58 on Tuesday. The company has a 50 day moving average of $23.61 and a two-hundred day moving average of $23.65. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $23.49 and a 12-month high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were issued a dividend of $0.0545 per share. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, August 24th.

About Invesco BulletShares 2027 Municipal Bond ETF

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.