Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Declares Monthly Dividend of $0.05

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) declared a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Shareholders of record on Monday, July 20th will be paid a dividend of 0.0535 per share on Friday, July 24th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date is Monday, July 20th.

Invesco BulletShares 2031 Municipal Bond ETF Trading Down 0.3%

NASDAQ BSMV traded down $0.07 on Monday, hitting $20.81. The company’s stock had a trading volume of 13,607 shares, compared to its average volume of 42,455. Invesco BulletShares 2031 Municipal Bond ETF has a 1-year low of $20.48 and a 1-year high of $21.53. The company’s 50-day moving average is $20.96 and its 200 day moving average is $21.09.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC bought a new position in Invesco BulletShares 2031 Municipal Bond ETF during the first quarter worth $54,000. JPMorgan Chase & Co. bought a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF during the third quarter valued at approximately $56,000. Ascentis Independent Advisors acquired a new position in Invesco BulletShares 2031 Municipal Bond ETF during the first quarter worth $140,000. Capital Analysts LLC raised its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 516.5% in the 4th quarter. Capital Analysts LLC now owns 8,884 shares of the company’s stock worth $188,000 after acquiring an additional 7,443 shares during the last quarter. Finally, Harbour Investments Inc. raised its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 5.2% in the fourth quarter. Harbour Investments Inc. now owns 9,517 shares of the company’s stock worth $201,000 after purchasing an additional 472 shares during the last quarter.

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.