Brookstone Capital Management Has $223,000 Position in Invesco BulletShares 2027 Municipal Bond ETF $BSMR

Brookstone Capital Management cut its stake in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 14.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,484 shares of the company’s stock after selling 1,579 shares during the quarter. Brookstone Capital Management owned approximately 0.08% of Invesco BulletShares 2027 Municipal Bond ETF worth $223,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. LPL Financial LLC boosted its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 13.6% in the first quarter. LPL Financial LLC now owns 338,907 shares of the company’s stock worth $7,981,000 after purchasing an additional 40,529 shares in the last quarter. Key Financial Inc lifted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 3.7% in the first quarter. Key Financial Inc now owns 283,788 shares of the company’s stock valued at $6,683,000 after buying an additional 10,122 shares during the period. Atlantic Union Bankshares Corp lifted its stake in 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 purchasing an additional 28,526 shares during the period. Invesco Ltd. lifted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 14.0% during the first quarter. Invesco Ltd. now owns 273,727 shares of the company’s stock worth $6,446,000 after purchasing an additional 33,548 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 0.6% during the first quarter. Raymond James Financial Inc. now owns 158,101 shares of the company’s stock worth $3,723,000 after purchasing an additional 989 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

NASDAQ BSMR opened at $23.66 on Wednesday. The company has a 50 day moving average of $23.66 and a 200-day moving average of $23.51. Invesco BulletShares 2027 Municipal Bond ETF has a 1-year low of $22.88 and a 1-year high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 24th. Investors of record on Monday, October 20th were issued a $0.052 dividend. The ex-dividend date of this dividend was Monday, October 20th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%.

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.