PNC Financial Services Group Inc. Has $273,000 Stock Holdings in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

PNC Financial Services Group Inc. grew its position in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 51.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,609 shares of the company’s stock after purchasing an additional 3,950 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.11% of Invesco BulletShares 2027 Municipal Bond ETF worth $273,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. LPL Financial LLC boosted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 13.6% during the first quarter. LPL Financial LLC now owns 338,907 shares of the company’s stock valued at $7,981,000 after purchasing an additional 40,529 shares in the last quarter. Key Financial Inc raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 3.7% during the first quarter. Key Financial Inc now owns 283,788 shares of the company’s stock worth $6,683,000 after acquiring an additional 10,122 shares during the last quarter. Atlantic Union Bankshares Corp raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 11.4% during the first quarter. Atlantic Union Bankshares Corp now owns 279,069 shares of the company’s stock worth $6,572,000 after acquiring an additional 28,526 shares during the last quarter. Confluence Investment Management LLC raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 13.9% during the first quarter. Confluence Investment Management LLC now owns 273,987 shares of the company’s stock worth $6,452,000 after acquiring an additional 33,478 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 26.2% during the fourth quarter. Invesco Ltd. now owns 240,179 shares of the company’s stock worth $5,668,000 after acquiring an additional 49,817 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

Shares of BSMR opened at $23.61 on Friday. Invesco BulletShares 2027 Municipal Bond ETF has a 1 year low of $22.88 and a 1 year high of $23.93. The business has a 50-day moving average of $23.50 and a 200-day moving average of $23.49.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 25th. Stockholders of record on Monday, July 21st were given a dividend of $0.0595 per share. This is a positive change from Invesco BulletShares 2027 Municipal Bond ETF’s previous dividend of $0.06. The ex-dividend date was Monday, July 21st.

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.