Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Update

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 4,377 shares, a decline of 60.7% from the June 15th total of 11,136 shares. Based on an average daily volume of 107,387 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

NASDAQ:BSMU traded up $0.02 during mid-day trading on Tuesday, hitting $21.92. 4,072 shares of the stock were exchanged, compared to its average volume of 44,860. The firm’s 50-day simple moving average is $21.88 and its 200 day simple moving average is $22.00. Invesco BulletShares 2030 Municipal Bond ETF has a fifty-two week low of $21.41 and a fifty-two week high of $22.31.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.0527 dividend. This represents a c) annualized dividend and a dividend yield of 2.9%. This is an increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date was Monday, June 22nd.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

A number of institutional investors have recently modified their holdings of BSMU. Sax Wealth Advisors LLC acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF during the second quarter valued at approximately $654,000. Clark Asset Management LLC boosted its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 26.3% in the 2nd quarter. Clark Asset Management LLC now owns 112,774 shares of the company’s stock valued at $2,472,000 after purchasing an additional 23,493 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 81.8% in the 1st quarter. NewEdge Advisors LLC now owns 212,099 shares of the company’s stock valued at $4,627,000 after purchasing an additional 95,462 shares during the last quarter. Coastline Complete Wealth LLC increased its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 10.4% in the 1st quarter. Coastline Complete Wealth LLC now owns 69,174 shares of the company’s stock valued at $1,509,000 after purchasing an additional 6,533 shares during the last quarter. Finally, Hobbs Group Advisors LLC raised its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 30.4% during the 1st quarter. Hobbs Group Advisors LLC now owns 16,635 shares of the company’s stock worth $363,000 after buying an additional 3,880 shares in the last quarter.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.