StoneX Group Inc. Invests $633,000 in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

StoneX Group Inc. bought a new stake in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) in the 4th quarter, Holdings Channel.com reports. The fund bought 26,815 shares of the company’s stock, valued at approximately $633,000.

Several other large investors have also recently added to or reduced their stakes in BSMR. Raymond James Financial Inc. purchased a new position in Invesco BulletShares 2027 Municipal Bond ETF during the fourth quarter worth approximately $3,708,000. Sanctuary Advisors LLC raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 123.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 173,028 shares of the company’s stock worth $4,101,000 after buying an additional 95,675 shares during the period. Atlantic Union Bankshares Corp raised its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 34.6% in the 4th quarter. Atlantic Union Bankshares Corp now owns 250,543 shares of the company’s stock worth $5,913,000 after buying an additional 64,354 shares during the period. Cornerstone Wealth Management LLC acquired a new position in Invesco BulletShares 2027 Municipal Bond ETF in the fourth quarter valued at $1,186,000. Finally, Stifel Financial Corp grew its position in Invesco BulletShares 2027 Municipal Bond ETF by 368.1% during the third quarter. Stifel Financial Corp now owns 53,729 shares of the company’s stock valued at $1,273,000 after acquiring an additional 42,252 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Stock Performance

Invesco BulletShares 2027 Municipal Bond ETF stock opened at $23.54 on Thursday. Invesco BulletShares 2027 Municipal Bond ETF has a 12 month low of $23.30 and a 12 month high of $23.93. The stock’s 50-day moving average is $23.65 and its 200-day moving average is $23.68.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.054 per share. This is a boost from Invesco BulletShares 2027 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 24th.

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.