Paulson Wealth Management Inc. Trims Stake in Invesco BulletShares 2027 Municipal Bond ETF $BSMR

Paulson Wealth Management Inc. cut its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 6.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,456 shares of the company’s stock after selling 3,058 shares during the quarter. Paulson Wealth Management Inc. owned about 0.37% of Invesco BulletShares 2027 Municipal Bond ETF worth $973,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kathmere Capital Management LLC acquired a new stake in Invesco BulletShares 2027 Municipal Bond ETF in the 2nd quarter valued at approximately $3,301,000. Jones Financial Companies Lllp increased its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 1,169.4% in the 1st quarter. Jones Financial Companies Lllp now owns 135,724 shares of the company’s stock valued at $3,147,000 after acquiring an additional 125,032 shares during the last quarter. Jane Street Group LLC acquired a new position in Invesco BulletShares 2027 Municipal Bond ETF in the first quarter valued at approximately $1,946,000. LPL Financial LLC raised its stake in Invesco BulletShares 2027 Municipal Bond ETF by 13.6% during the 1st 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 in the last quarter. Finally, Atlantic Union Bankshares Corp lifted its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 13.1% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 315,561 shares of the company’s stock valued at $7,406,000 after purchasing an additional 36,492 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

BSMR stock opened at $23.60 on Friday. The business has a 50 day simple moving average of $23.67 and a 200-day simple moving average of $23.52. Invesco BulletShares 2027 Municipal Bond ETF has a twelve month low of $22.88 and a twelve month high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

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

Invesco BulletShares 2027 Municipal Bond ETF Company 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.