Hobbs Group Advisors LLC Sells 15,952 Shares of Invesco BulletShares 2027 Municipal Bond ETF $BSMR

Hobbs Group Advisors LLC reduced its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 41.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,595 shares of the company’s stock after selling 15,952 shares during the quarter. Hobbs Group Advisors LLC’s holdings in Invesco BulletShares 2027 Municipal Bond ETF were worth $530,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its stake in Invesco BulletShares 2027 Municipal Bond ETF by 10.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 15,372 shares of the company’s stock worth $362,000 after acquiring an additional 1,489 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Invesco BulletShares 2027 Municipal Bond ETF by 51.6% during the first quarter. PNC Financial Services Group Inc. now owns 11,609 shares of the company’s stock worth $273,000 after acquiring an additional 3,950 shares during the last quarter. LPL Financial LLC increased its stake in 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 worth $7,981,000 after acquiring an additional 40,529 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Invesco BulletShares 2027 Municipal Bond ETF by 20.4% during the first quarter. Envestnet Asset Management Inc. now owns 143,860 shares of the company’s stock worth $3,388,000 after acquiring an additional 24,340 shares during the last quarter. Finally, Farther Finance Advisors LLC bought a new stake in Invesco BulletShares 2027 Municipal Bond ETF during the second quarter worth approximately $34,000.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMR opened at $23.69 on Friday. The business’s 50 day moving average is $23.64 and its two-hundred day moving average is $23.48. 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 firm also recently announced a monthly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were given a dividend of $0.0531 per share. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Monday, September 22nd.

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.