Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Raises Dividend to $0.05 Per Share

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) announced a monthly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Monday, March 23rd will be paid a dividend of 0.0507 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Monday, March 23rd. This is a 3.8% increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2030 Municipal Bond ETF Trading Down 0.0%

BSMU stock traded down $0.01 during trading on Monday, hitting $21.89. 15,506 shares of the stock traded hands, compared to its average volume of 43,291. Invesco BulletShares 2030 Municipal Bond ETF has a one year low of $20.59 and a one year high of $22.31. The company has a 50 day simple moving average of $22.17 and a 200 day simple moving average of $22.06.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

Hedge funds have recently modified their holdings of the company. NewEdge Advisors LLC bought a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF in the first quarter valued at approximately $56,000. Painted Porch Advisors LLC bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the 3rd quarter worth approximately $85,000. First Command Advisory Services Inc. increased its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 17.4% during the 3rd quarter. First Command Advisory Services Inc. now owns 5,912 shares of the company’s stock valued at $130,000 after purchasing an additional 877 shares in the last quarter. ORG Partners LLC acquired a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the 3rd quarter valued at $140,000. Finally, Farther Finance Advisors LLC raised its position in Invesco BulletShares 2030 Municipal Bond ETF by 409.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 7,980 shares of the company’s stock valued at $175,000 after purchasing an additional 6,413 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.