Independent Advisor Alliance Makes New $419,000 Investment in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Independent Advisor Alliance purchased a new position in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) during the 4th quarter, HoldingsChannel reports. The firm purchased 17,752 shares of the company’s stock, valued at approximately $419,000.

Several other institutional investors also recently added to or reduced their stakes in BSMR. Raymond James Financial Inc. bought a new position in Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter worth approximately $3,708,000. Sanctuary Advisors LLC grew its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 123.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 173,028 shares of the company’s stock worth $4,101,000 after purchasing an additional 95,675 shares in the last quarter. Atlantic Union Bankshares Corp grew its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 34.6% during the 4th quarter. Atlantic Union Bankshares Corp now owns 250,543 shares of the company’s stock worth $5,913,000 after purchasing an additional 64,354 shares in the last quarter. CreativeOne Wealth LLC acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 3rd quarter worth approximately $1,286,000. Finally, Cornerstone Wealth Management LLC acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter worth approximately $1,186,000.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMR opened at $23.65 on Tuesday. Invesco BulletShares 2027 Municipal Bond ETF has a 1-year low of $23.30 and a 1-year high of $23.93. The business’s 50 day moving average is $23.66 and its 200-day moving average is $23.69.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were issued a dividend of $0.0525 per share. The ex-dividend date was Monday, February 24th.

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.