Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Declares Dividend Increase – $0.05 Per Share

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) declared a monthly dividend on Monday, February 23rd. Stockholders of record on Monday, February 23rd will be given a dividend of 0.0488 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, February 23rd. This is a 0.6% increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2030 Municipal Bond ETF Stock Down 0.3%

NASDAQ BSMU traded down $0.06 during trading on Monday, reaching $22.24. 51,580 shares of the company traded hands, compared to its average volume of 47,574. Invesco BulletShares 2030 Municipal Bond ETF has a 1-year low of $20.59 and a 1-year high of $22.31. The stock’s 50 day moving average price is $22.13 and its two-hundred day moving average price is $21.99.

Institutional Investors Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

A number of large investors have recently bought and sold shares of the business. Invesco Ltd. raised its position in Invesco BulletShares 2030 Municipal Bond ETF by 69.5% in the 4th quarter. Invesco Ltd. now owns 287,207 shares of the company’s stock valued at $6,326,000 after purchasing an additional 117,737 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 530.4% during the fourth quarter. NewEdge Advisors LLC now owns 116,637 shares of the company’s stock worth $2,569,000 after purchasing an additional 98,135 shares during the last quarter. Envision Financial Planning LLC increased its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 0.9% in the fourth quarter. Envision Financial Planning LLC now owns 77,435 shares of the company’s stock valued at $1,706,000 after buying an additional 699 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 3.4% in the fourth quarter. Osaic Holdings Inc. now owns 46,794 shares of the company’s stock valued at $1,031,000 after buying an additional 1,550 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 15.4% in the fourth quarter. Royal Bank of Canada now owns 26,089 shares of the company’s stock valued at $575,000 after buying an additional 3,473 shares during the last quarter.

About Invesco BulletShares 2030 Municipal Bond ETF

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.