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

by · The Markets Daily

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 57,200 shares, a growth of 597.6% from the August 31st total of 8,200 shares. Based on an average trading volume of 42,300 shares, the days-to-cover ratio is presently 1.4 days.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

NASDAQ BSMU traded up $0.01 during mid-day trading on Friday, hitting $22.12. The stock had a trading volume of 22,987 shares, compared to its average volume of 28,660. Invesco BulletShares 2030 Municipal Bond ETF has a 52-week low of $20.57 and a 52-week high of $22.80. The company has a 50 day simple moving average of $22.03 and a 200 day simple moving average of $21.95.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 27th. Investors of record on Monday, September 23rd will be given a dividend of $0.052 per share. This is an increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.62 annualized dividend and a dividend yield of 2.82%. The ex-dividend date is Monday, September 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

A number of large investors have recently bought and sold shares of BSMU. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 25.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,042 shares of the company’s stock valued at $219,000 after acquiring an additional 2,047 shares during the last quarter. AE Wealth Management LLC boosted its stake in Invesco BulletShares 2030 Municipal Bond ETF by 17.1% in the 2nd quarter. AE Wealth Management LLC now owns 69,293 shares of the company’s stock worth $1,509,000 after buying an additional 10,114 shares during the last quarter. Asset Dedication LLC increased its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 10.0% during the 2nd quarter. Asset Dedication LLC now owns 25,027 shares of the company’s stock valued at $545,000 after acquiring an additional 2,267 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Invesco BulletShares 2030 Municipal Bond ETF by 12.3% in the second quarter. Commonwealth Equity Services LLC now owns 33,617 shares of the company’s stock worth $732,000 after acquiring an additional 3,688 shares during the last quarter. Finally, Key Financial Inc grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 29.2% in the second quarter. Key Financial Inc now owns 110,225 shares of the company’s stock valued at $2,400,000 after purchasing an additional 24,925 shares during the period.

About Invesco BulletShares 2030 Municipal Bond ETF

(Get Free Report)

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.

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