Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Position Boosted by Asset Dedication LLC

Asset Dedication LLC increased its holdings in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 8.9% during the third quarter, Holdings Channel reports. The firm owned 64,227 shares of the company’s stock after purchasing an additional 5,250 shares during the period. Asset Dedication LLC’s holdings in Invesco BulletShares 2028 Municipal Bond ETF were worth $1,514,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BSMS. Commonwealth Equity Services LLC boosted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 3.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 168,381 shares of the company’s stock valued at $3,912,000 after purchasing an additional 5,309 shares during the period. Key Financial Inc boosted its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 3.1% in the second quarter. Key Financial Inc now owns 151,324 shares of the company’s stock worth $3,515,000 after buying an additional 4,618 shares during the period. NewEdge Advisors LLC increased its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 6.9% in the second quarter. NewEdge Advisors LLC now owns 117,647 shares of the company’s stock worth $2,733,000 after acquiring an additional 7,645 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 9.4% during the second quarter. Envestnet Asset Management Inc. now owns 82,382 shares of the company’s stock valued at $1,914,000 after acquiring an additional 7,068 shares during the period. Finally, Precedent Wealth Partners LLC lifted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 19.1% in the 2nd quarter. Precedent Wealth Partners LLC now owns 58,849 shares of the company’s stock valued at $1,367,000 after acquiring an additional 9,418 shares in the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Stock Up 0.2 %

Invesco BulletShares 2028 Municipal Bond ETF stock opened at $23.55 on Thursday. The company has a 50 day moving average price of $23.48 and a 200 day moving average price of $23.36. Invesco BulletShares 2028 Municipal Bond ETF has a 52 week low of $22.25 and a 52 week high of $23.81.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.055 per share. This is an increase from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, September 23rd. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.80%.

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.