Confluence Investment Management LLC Has $5.68 Million Stake in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)

Confluence Investment Management LLC lowered its stake in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) by 1.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 240,509 shares of the company’s stock after selling 2,940 shares during the period. Confluence Investment Management LLC’s holdings in Invesco BulletShares 2027 Municipal Bond ETF were worth $5,676,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Sanctuary Advisors LLC grew its stake in 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 valued at $4,101,000 after buying an additional 95,675 shares during the last quarter. MML Investors Services LLC lifted its position in Invesco BulletShares 2027 Municipal Bond ETF by 5.1% during the 3rd quarter. MML Investors Services LLC now owns 26,405 shares of the company’s stock worth $626,000 after acquiring an additional 1,283 shares during the last quarter. Stifel Financial Corp boosted its holdings 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. Integrated Wealth Concepts LLC grew its position in shares of Invesco BulletShares 2027 Municipal Bond ETF by 11.3% in the third quarter. Integrated Wealth Concepts LLC now owns 41,582 shares of the company’s stock valued at $985,000 after purchasing an additional 4,211 shares during the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 169.8% in the third quarter. HighTower Advisors LLC now owns 56,261 shares of the company’s stock worth $1,334,000 after purchasing an additional 35,407 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

NASDAQ BSMR opened at $23.65 on Friday. The stock has a 50-day simple moving average of $23.69 and a 200 day simple moving average of $23.67. Invesco BulletShares 2027 Municipal Bond ETF has a twelve month low of $23.30 and a twelve month high of $23.93.

Invesco BulletShares 2027 Municipal Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.0534 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.