Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Update

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 62,350 shares, a growth of 123.1% from the February 26th total of 27,941 shares. Based on an average trading volume of 22,497 shares, the short-interest ratio is currently 2.8 days. Approximately 1.0% of the company’s stock are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 9.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 18,455 shares of the company’s stock valued at $452,000 after acquiring an additional 1,615 shares in the last quarter. Lido Advisors LLC grew its position in Invesco BulletShares 2032 Municipal Bond ETF by 183.9% during the 2nd quarter. Lido Advisors LLC now owns 24,700 shares of the company’s stock valued at $605,000 after purchasing an additional 16,000 shares during the last quarter. VestGen Advisors LLC increased its stake in Invesco BulletShares 2032 Municipal Bond ETF by 12.5% during the 2nd quarter. VestGen Advisors LLC now owns 31,549 shares of the company’s stock valued at $771,000 after purchasing an additional 3,514 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 22.8% in the second quarter. Raymond James Financial Inc. now owns 100,990 shares of the company’s stock worth $2,472,000 after buying an additional 18,751 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 115.4% in the second quarter. Jane Street Group LLC now owns 153,291 shares of the company’s stock worth $3,753,000 after buying an additional 82,134 shares during the last quarter.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMW traded up $0.03 on Friday, reaching $24.77. 29,687 shares of the company’s stock traded hands, compared to its average volume of 30,449. The business’s 50 day simple moving average is $25.30 and its two-hundred day simple moving average is $25.18. Invesco BulletShares 2032 Municipal Bond ETF has a 12 month low of $22.90 and a 12 month high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 23rd will be given a dividend of $0.067 per share. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 3.2%.

About Invesco BulletShares 2032 Municipal Bond ETF

The Invesco BulletShares 2032 Municipal Bond ETF (BSMW) 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 2032. BSMW was launched on Mar 1, 2023 and is managed by Invesco.