Collier Financial Lowers Position in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Collier Financial trimmed its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 19.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,244 shares of the company’s stock after selling 2,679 shares during the period. Collier Financial’s holdings in Invesco BulletShares 2027 Municipal Bond ETF were worth $265,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Principal Securities Inc. purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter worth about $94,000. EP Wealth Advisors LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 4th quarter worth approximately $155,000. Signaturefd LLC bought a new position in Invesco BulletShares 2027 Municipal Bond ETF during the fourth quarter valued at $158,000. PNC Financial Services Group Inc. grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 38.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,659 shares of the company’s stock worth $181,000 after buying an additional 2,121 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 4th quarter valued at approximately $200,000.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

NASDAQ:BSMR opened at $23.34 on Tuesday. The stock’s fifty day moving average is $23.32 and its 200 day moving average is $23.54. Invesco BulletShares 2027 Municipal Bond ETF has a fifty-two week low of $22.88 and a fifty-two week high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 23rd. Stockholders of record on Monday, May 19th were paid a $0.0579 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $0.70 annualized dividend and a dividend yield of 2.98%. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.06.

Invesco BulletShares 2027 Municipal Bond ETF 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.