Paulson Wealth Management Inc. Purchases 6,475 Shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS)

Paulson Wealth Management Inc. raised its position in shares of Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) by 56.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 17,856 shares of the company’s stock after purchasing an additional 6,475 shares during the quarter. Paulson Wealth Management Inc.’s holdings in Invesco BulletShares 2028 Municipal Bond ETF were worth $421,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in BSMS. First Command Advisory Services Inc. boosted its position in Invesco BulletShares 2028 Municipal Bond ETF by 73.7% during the 2nd quarter. First Command Advisory Services Inc. now owns 3,734 shares of the company’s stock valued at $87,000 after buying an additional 1,584 shares during the period. Hills Bank & Trust Co purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 3rd quarter valued at $155,000. Foundry Financial Group Inc. purchased a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 3rd quarter valued at $200,000. Aptus Capital Advisors LLC lifted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 97.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 8,635 shares of the company’s stock worth $204,000 after purchasing an additional 4,269 shares during the period. Finally, Sentinel Pension Advisors Inc. purchased a new stake in shares of Invesco BulletShares 2028 Municipal Bond ETF in the 1st quarter worth about $217,000.

Invesco BulletShares 2028 Municipal Bond ETF Stock Down 0.1 %

NASDAQ:BSMS opened at $23.43 on Wednesday. The company has a 50-day moving average price of $23.47 and a 200-day moving average price of $23.37. Invesco BulletShares 2028 Municipal Bond ETF has a 12 month low of $22.75 and a 12 month high of $23.81.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were given a $0.057 dividend. This represents a $0.68 annualized dividend and a dividend yield of 2.92%. This is a boost from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Monday, October 21st.

About Invesco BulletShares 2028 Municipal Bond ETF

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.