LPL Financial LLC Decreases Stock Position in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

LPL Financial LLC reduced its position in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 18.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 128,690 shares of the company’s stock after selling 29,471 shares during the period. LPL Financial LLC owned about 3.48% of Invesco BulletShares 2027 Municipal Bond ETF worth $3,037,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Morgan Stanley raised its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 1,835.9% in the 4th quarter. Morgan Stanley now owns 496,663 shares of the company’s stock worth $11,681,000 after acquiring an additional 471,007 shares during the last quarter. Wells Fargo & Company MN grew its position in Invesco BulletShares 2027 Municipal Bond ETF by 727.1% in the 4th quarter. Wells Fargo & Company MN now owns 174,907 shares of the company’s stock worth $4,114,000 after purchasing an additional 153,760 shares during the period. Jane Street Group LLC grew its position in Invesco BulletShares 2027 Municipal Bond ETF by 73.5% in the 3rd quarter. Jane Street Group LLC now owns 133,723 shares of the company’s stock worth $3,049,000 after purchasing an additional 56,646 shares during the period. NewEdge Advisors LLC grew its position in Invesco BulletShares 2027 Municipal Bond ETF by 8.6% in the 1st quarter. NewEdge Advisors LLC now owns 115,808 shares of the company’s stock worth $2,764,000 after purchasing an additional 9,139 shares during the period. Finally, Raymond James & Associates grew its position in Invesco BulletShares 2027 Municipal Bond ETF by 41.6% in the 2nd quarter. Raymond James & Associates now owns 95,542 shares of the company’s stock worth $2,255,000 after purchasing an additional 28,069 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Stock Up 0.5 %

NASDAQ:BSMR opened at $23.06 on Wednesday. Invesco BulletShares 2027 Municipal Bond ETF has a 12 month low of $22.63 and a 12 month high of $24.17. The company has a 50 day simple moving average of $22.99 and a two-hundred day simple moving average of $23.36.

Invesco BulletShares 2027 Municipal Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, October 27th. Shareholders of record on Tuesday, October 24th were given a $0.0543 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date was Monday, October 23rd.

Invesco BulletShares 2027 Municipal Bond ETF Company 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.