Sequoia Financial Advisors LLC Takes Position in Invesco BulletShares 2028 Municipal Bond ETF $BSMS

Sequoia Financial Advisors LLC purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 29,880 shares of the company’s stock, valued at approximately $702,000.

Several other large investors have also made changes to their positions in BSMS. Private Trust Co. NA grew its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 464.6% in the 4th quarter. Private Trust Co. NA now owns 3,529 shares of the company’s stock valued at $83,000 after buying an additional 2,904 shares in the last quarter. Anchor Investment Management LLC grew its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 50.0% in the 3rd quarter. Anchor Investment Management LLC now owns 7,500 shares of the company’s stock valued at $176,000 after buying an additional 2,500 shares in the last quarter. HUB Investment Partners LLC bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 3rd quarter valued at approximately $201,000. Private Advisor Group LLC bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 3rd quarter valued at approximately $204,000. Finally, Community Bank & Trust Waco Texas bought a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 3rd quarter valued at approximately $208,000.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMS opened at $23.39 on Friday. The business has a 50 day simple moving average of $23.47 and a 200 day simple moving average of $23.50. Invesco BulletShares 2028 Municipal Bond ETF has a 52 week low of $22.89 and a 52 week high of $23.70.

Invesco BulletShares 2028 Municipal Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 20th were paid a $0.0516 dividend. The ex-dividend date of this dividend was Monday, April 20th. This represents a c) annualized dividend and a dividend yield of 2.6%.

About Invesco BulletShares 2028 Municipal Bond ETF

The Invesco BulletShares 2028 Municipal Bond ETF (BSMS) 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 2028. BSMS was launched on Sep 25, 2019 and is managed by Invesco.