Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Announces Dividend Increase – $0.06 Per Share

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) declared a monthly dividend on Monday, August 24th, NASDAQ Dividends reports. Investors of record on Monday, August 24th will be paid a dividend of 0.0552 per share on Friday, August 28th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Monday, August 24th. This is a 2.1% increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2029 Municipal Bond ETF Stock Down 0.2%

BSMT stock traded down $0.04 during mid-day trading on Monday, reaching $22.94. The company had a trading volume of 49,112 shares, compared to its average volume of 44,312. The stock has a 50 day simple moving average of $23.00 and a two-hundred day simple moving average of $23.10. Invesco BulletShares 2029 Municipal Bond ETF has a 52 week low of $22.78 and a 52 week high of $23.41.

Invesco BulletShares 2029 Municipal Bond ETF Company Profile

The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) 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 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.