Sequoia Financial Advisors LLC Makes New Investment in Invesco BulletShares 2028 Municipal Bond ETF $BSMS

Sequoia Financial Advisors LLC acquired a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 29,880 shares of the company’s stock, valued at approximately $702,000. Sequoia Financial Advisors LLC owned 0.26% of Invesco BulletShares 2028 Municipal Bond ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Truist Financial Corp raised its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 1.4% during the 4th quarter. Truist Financial Corp now owns 298,844 shares of the company’s stock worth $7,023,000 after buying an additional 4,231 shares during the period. Bank of America Corp DE raised its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 0.7% during the 3rd quarter. Bank of America Corp DE now owns 241,546 shares of the company’s stock worth $5,656,000 after buying an additional 1,683 shares during the period. Invesco Ltd. raised its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 10.2% during the 3rd quarter. Invesco Ltd. now owns 236,910 shares of the company’s stock worth $5,547,000 after buying an additional 21,838 shares during the period. UBS Group AG raised its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 25.5% during the 4th quarter. UBS Group AG now owns 226,787 shares of the company’s stock worth $5,329,000 after buying an additional 46,088 shares during the period. Finally, Jane Street Group LLC raised its holdings in Invesco BulletShares 2028 Municipal Bond ETF by 25.0% during the 2nd quarter. Jane Street Group LLC now owns 207,092 shares of the company’s stock worth $4,811,000 after buying an additional 41,469 shares during the period.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

NASDAQ BSMS opened at $23.39 on Friday. The stock’s 50-day moving average price is $23.47 and its two-hundred day moving average price is $23.50. Invesco BulletShares 2028 Municipal Bond ETF has a 1 year low of $22.89 and a 1 year high of $23.70.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 24th. Stockholders of record on Monday, April 20th were issued a $0.0516 dividend. The ex-dividend date was Monday, April 20th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%.

Invesco BulletShares 2028 Municipal Bond ETF 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.