Stifel Financial Corp Lowers Stock Holdings in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Stifel Financial Corp decreased its holdings in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 8.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 48,935 shares of the company’s stock after selling 4,794 shares during the period. Stifel Financial Corp’s holdings in Invesco BulletShares 2027 Municipal Bond ETF were worth $1,155,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Principal Securities Inc. bought a new position in Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter worth $94,000. Webster Bank N. A. lifted its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 74.7% in the fourth quarter. Webster Bank N. A. now owns 5,520 shares of the company’s stock worth $130,000 after buying an additional 2,360 shares in the last quarter. Signaturefd LLC purchased a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter valued at $158,000. PNC Financial Services Group Inc. boosted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 38.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,659 shares of the company’s stock valued at $181,000 after buying an additional 2,121 shares during the last quarter. Finally, Crews Bank & Trust purchased a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF during the fourth quarter valued at approximately $200,000.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

BSMR stock opened at $23.42 on Friday. The stock’s fifty day moving average price is $23.43 and its 200-day moving average price is $23.59. 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 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 25th. Investors of record on Monday, April 21st were issued a $0.0556 dividend. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date was Monday, April 21st.

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.