Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV – Get Free Report) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 4,100 shares, a decrease of 71.3% from the July 15th total of 14,300 shares. Based on an average daily trading volume, of 29,400 shares, the short-interest ratio is currently 0.1 days.
Hedge Funds Weigh In On Invesco BulletShares 2031 Municipal Bond ETF
Several large investors have recently made changes to their positions in BSMV. Confluence Investment Management LLC bought a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF in the 1st quarter worth $6,089,000. Envision Financial Planning LLC lifted its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 9.5% during the 1st quarter. Envision Financial Planning LLC now owns 183,976 shares of the company’s stock valued at $3,921,000 after buying an additional 15,984 shares during the period. Key Financial Inc boosted its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 29.4% in the 2nd quarter. Key Financial Inc now owns 114,364 shares of the company’s stock worth $2,397,000 after buying an additional 25,975 shares during the last quarter. Precedent Wealth Partners LLC grew its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 18.3% in the second quarter. Precedent Wealth Partners LLC now owns 57,612 shares of the company’s stock worth $1,208,000 after acquiring an additional 8,932 shares during the period. Finally, Sterling Financial Group Inc. increased its position in Invesco BulletShares 2031 Municipal Bond ETF by 55.8% during the first quarter. Sterling Financial Group Inc. now owns 47,790 shares of the company’s stock valued at $1,018,000 after acquiring an additional 17,118 shares during the last quarter.
Invesco BulletShares 2031 Municipal Bond ETF Price Performance
Shares of NASDAQ BSMV opened at $21.19 on Tuesday. The business has a 50-day moving average of $21.10 and a 200-day moving average of $21.18. Invesco BulletShares 2031 Municipal Bond ETF has a 12 month low of $19.68 and a 12 month high of $21.73.
Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend
The company also recently announced a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a dividend of $0.0556 per share. This is an increase from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 3.15%.
Invesco BulletShares 2031 Municipal Bond ETF Company Profile
The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) 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 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.
Further Reading
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