Verdence Capital Advisors LLC Makes New $1.96 Million Investment in Invesco BulletShares 2027 Municipal Bond ETF $BSMR

Verdence Capital Advisors LLC bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 84,404 shares of the company’s stock, valued at approximately $1,963,000. Verdence Capital Advisors LLC owned about 0.53% of Invesco BulletShares 2027 Municipal Bond ETF at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. AA Financial Advisors LLC raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 6.9% during the 3rd quarter. AA Financial Advisors LLC now owns 23,102 shares of the company’s stock worth $537,000 after purchasing an additional 1,494 shares during the period. Anchor Investment Management LLC increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 32.3% in the second quarter. Anchor Investment Management LLC now owns 8,200 shares of the company’s stock valued at $194,000 after purchasing an additional 2,000 shares during the period. Avantax Planning Partners Inc. increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 10.7% in the first quarter. Avantax Planning Partners Inc. now owns 23,263 shares of the company’s stock valued at $550,000 after purchasing an additional 2,258 shares during the period. Royal Bank of Canada raised its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 4.5% during the first quarter. Royal Bank of Canada now owns 67,859 shares of the company’s stock valued at $1,605,000 after buying an additional 2,943 shares during the last quarter. Finally, Waverly Advisors LLC raised its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 8.5% during the first quarter. Waverly Advisors LLC now owns 42,151 shares of the company’s stock valued at $997,000 after buying an additional 3,310 shares during the last quarter.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of BSMR stock opened at $23.50 on Wednesday. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $23.12 and a 12-month high of $23.85. The business has a 50 day simple moving average of $23.45 and a 200 day simple moving average of $23.61.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were paid a dividend of $0.0565 per share. This is an increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.0530. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Monday, October 19th.

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.