Precedent Wealth Partners LLC Purchases 29,354 Shares of Invesco BulletShares 2028 Municipal Bond ETF $BSMS

Precedent Wealth Partners LLC boosted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 16.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 209,316 shares of the company’s stock after purchasing an additional 29,354 shares during the quarter. Precedent Wealth Partners LLC’s holdings in Invesco BulletShares 2028 Municipal Bond ETF were worth $4,773,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kinetic Wealth Investment Advisors LLC acquired a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 2nd quarter worth approximately $2,121,000. Wedmont Private Capital bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF during the second quarter worth approximately $712,000. Carnegie Investment Counsel bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF during the first quarter worth approximately $540,000. Private Advisor Group LLC lifted its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 244.8% in the first quarter. Private Advisor Group LLC now owns 30,973 shares of the company’s stock valued at $725,000 after buying an additional 21,991 shares during the period. Finally, Bank of America Corp DE lifted its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 13.8% in the first quarter. Bank of America Corp DE now owns 292,733 shares of the company’s stock valued at $6,848,000 after buying an additional 35,458 shares during the period.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMS opened at $23.12 on Friday. Invesco BulletShares 2028 Municipal Bond ETF has a fifty-two week low of $22.63 and a fifty-two week high of $23.70. The company’s 50 day simple moving average is $23.11 and its 200 day simple moving average is $23.31.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Monday, October 19th will be issued a dividend of $0.0564 per share. The ex-dividend date of this dividend is Monday, October 19th. This represents a $0.68 dividend on an annualized basis and a yield of 2.9%. This is a boost from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.0535.

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.