Invesco BulletShares 2027 Municipal Bond ETF Declares Dividend of $0.05 (NASDAQ:BSMR)

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) announced a dividend on Monday, September 18th, NASDAQ reports. Shareholders of record on Tuesday, September 19th will be paid a dividend of 0.0508 per share on Friday, September 22nd. The ex-dividend date of this dividend is Monday, September 18th.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

NASDAQ BSMR traded down $0.01 on Monday, reaching $23.25. The stock had a trading volume of 13,870 shares, compared to its average volume of 20,077. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $22.59 and a 12-month high of $24.17. The business’s 50-day moving average price is $23.45 and its 200 day moving average price is $23.59.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter valued at approximately $654,000. Captrust Financial Advisors purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the second quarter worth approximately $441,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the first quarter worth approximately $342,000. Stifel Financial Corp raised its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 6.2% during the second quarter. Stifel Financial Corp now owns 13,511 shares of the company’s stock worth $319,000 after purchasing an additional 785 shares during the last quarter. Finally, MML Investors Services LLC raised its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 56.2% during the second quarter. MML Investors Services LLC now owns 13,218 shares of the company’s stock worth $312,000 after purchasing an additional 4,757 shares during the last quarter.

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.