Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC cut its position in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 5.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 269,708 shares of the company’s stock after selling 16,678 shares during the quarter. Confluence Investment Management LLC owned 0.05% of Invesco BulletShares 2028 Municipal Bond ETF worth $6,360,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. First Command Advisory Services Inc. grew its stake in Invesco BulletShares 2028 Municipal Bond ETF by 73.7% in the 2nd quarter. First Command Advisory Services Inc. now owns 3,734 shares of the company’s stock worth $87,000 after acquiring an additional 1,584 shares during the period. Hills Bank & Trust Co purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF in the 3rd quarter valued at about $155,000. Foundry Financial Group Inc. acquired a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the 3rd quarter valued at about $200,000. Sentinel Pension Advisors Inc. acquired a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the first quarter worth approximately $217,000. Finally, Paulson Wealth Management Inc. acquired a new position in Invesco BulletShares 2028 Municipal Bond ETF during the second quarter worth approximately $264,000.

Invesco BulletShares 2028 Municipal Bond ETF Stock Up 0.7 %

NASDAQ:BSMS opened at $23.47 on Friday. Invesco BulletShares 2028 Municipal Bond ETF has a fifty-two week low of $22.72 and a fifty-two week high of $23.81. The firm’s 50 day moving average is $23.47 and its two-hundred day moving average is $23.37.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were paid a $0.057 dividend. This is a positive change from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.06. This represents a $0.68 annualized dividend and a dividend yield of 2.91%. The ex-dividend date was Monday, October 21st.

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.