Sequoia Financial Advisors LLC Acquires New Position in Invesco BulletShares 2027 Municipal Bond ETF $BSMR

Sequoia Financial Advisors LLC purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 28,399 shares of the company’s stock, valued at approximately $672,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of BSMR. Royal Bank of Canada lifted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 6.8% during the 1st quarter. Royal Bank of Canada now owns 49,722 shares of the company’s stock valued at $1,171,000 after acquiring an additional 3,147 shares during the period. Jane Street Group LLC acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 1st quarter valued at approximately $1,946,000. Cetera Investment Advisers lifted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 19.2% during the 2nd quarter. Cetera Investment Advisers now owns 15,762 shares of the company’s stock valued at $370,000 after acquiring an additional 2,542 shares during the period. Invesco Ltd. lifted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 7.3% during the 2nd quarter. Invesco Ltd. now owns 293,809 shares of the company’s stock valued at $6,896,000 after acquiring an additional 20,082 shares during the period. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 2nd quarter valued at approximately $231,000.

Invesco BulletShares 2027 Municipal Bond ETF Trading Down 0.1%

BSMR stock opened at $23.59 on Friday. The firm has a 50 day moving average of $23.67 and a 200-day moving average of $23.69. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $23.24 and a 12-month high of $23.85.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, April 24th. Stockholders of record on Monday, April 20th were given a dividend of $0.0513 per share. The ex-dividend date was Monday, April 20th.

About Invesco BulletShares 2027 Municipal Bond ETF

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.