HighTower Advisors LLC Buys 59,017 Shares of Invesco BulletShares 2028 Municipal Bond ETF $BSMS

HighTower Advisors LLC lifted its holdings in Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 101.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,134 shares of the company’s stock after purchasing an additional 59,017 shares during the quarter. HighTower Advisors LLC owned about 1.04% of Invesco BulletShares 2028 Municipal Bond ETF worth $2,753,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Hills Bank & Trust Co boosted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 19.6% in the 4th quarter. Hills Bank & Trust Co now owns 218,048 shares of the company’s stock worth $5,124,000 after purchasing an additional 35,806 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 204.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 135,420 shares of the company’s stock worth $3,182,000 after purchasing an additional 90,932 shares in the last quarter. PAX Financial Group LLC acquired a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 4th quarter worth $1,130,000. Paulson Wealth Management Inc. boosted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 6.1% in the 4th quarter. Paulson Wealth Management Inc. now owns 40,788 shares of the company’s stock worth $959,000 after purchasing an additional 2,348 shares in the last quarter. Finally, Avantax Planning Partners Inc. acquired a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 4th quarter worth $498,000.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

Invesco BulletShares 2028 Municipal Bond ETF stock opened at $23.39 on Monday. Invesco BulletShares 2028 Municipal Bond ETF has a 1-year low of $23.07 and a 1-year high of $23.70. The business has a fifty day moving average price of $23.43 and a 200-day moving average price of $23.50.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were given a $0.0556 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Monday, May 18th. This is a positive change from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2028 Municipal Bond ETF Company Profile

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.