Key Financial Inc Has $5.91 Million Stock Position in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Key Financial Inc increased its position in shares of Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 2.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 251,706 shares of the company’s stock after acquiring an additional 5,755 shares during the quarter. Invesco BulletShares 2027 Municipal Bond ETF comprises about 1.4% of Key Financial Inc’s investment portfolio, making the stock its 16th largest position. Key Financial Inc owned approximately 3.87% of Invesco BulletShares 2027 Municipal Bond ETF worth $5,910,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Horizons Wealth Management grew its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 4.9% during the 2nd quarter. Horizons Wealth Management now owns 15,340 shares of the company’s stock worth $363,000 after acquiring an additional 714 shares during the period. Tlwm boosted its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 3.9% in the 1st quarter. Tlwm now owns 21,840 shares of the company’s stock worth $517,000 after purchasing an additional 813 shares during the last quarter. Webster Bank N. A. grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 49.9% during the first quarter. Webster Bank N. A. now owns 2,525 shares of the company’s stock worth $60,000 after purchasing an additional 840 shares during the period. Foundry Financial Group Inc. increased its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 12.6% in the first quarter. Foundry Financial Group Inc. now owns 10,544 shares of the company’s stock valued at $249,000 after purchasing an additional 1,184 shares during the last quarter. Finally, AA Financial Advisors LLC lifted its stake in Invesco BulletShares 2027 Municipal Bond ETF by 9.0% in the second quarter. AA Financial Advisors LLC now owns 20,623 shares of the company’s stock valued at $484,000 after buying an additional 1,704 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2027 Municipal Bond ETF stock traded down $0.02 during trading on Friday, hitting $23.68. 62,621 shares of the company were exchanged, compared to its average volume of 40,499. The firm’s fifty day moving average price is $23.61 and its 200 day moving average price is $23.60. Invesco BulletShares 2027 Municipal Bond ETF has a 1-year low of $22.63 and a 1-year high of $23.92.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were issued a dividend of $0.059 per share. The ex-dividend date of this dividend was Monday, August 19th. This represents a $0.71 dividend on an annualized basis and a yield of 2.99%. This is a boost from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.05.

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.