Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Drops By 72.2%

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 11,200 shares, a drop of 72.2% from the July 30th total of 40,335 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 37,090 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Invesco BulletShares 2032 Municipal Bond ETF

Hedge funds have recently modified their holdings of the business. Harbour Investments Inc. boosted its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 3.4% in the fourth quarter. Harbour Investments Inc. now owns 12,036 shares of the company’s stock worth $302,000 after buying an additional 398 shares during the period. Envision Financial Planning LLC raised its position in Invesco BulletShares 2032 Municipal Bond ETF by 0.7% during the fourth quarter. Envision Financial Planning LLC now owns 107,787 shares of the company’s stock valued at $2,707,000 after buying an additional 779 shares during the period. Royal Bank of Canada raised its position in Invesco BulletShares 2032 Municipal Bond ETF by 8.6% during the fourth quarter. Royal Bank of Canada now owns 12,484 shares of the company’s stock valued at $313,000 after buying an additional 991 shares during the period. Equitable Holdings Inc. lifted its stake in Invesco BulletShares 2032 Municipal Bond ETF by 4.7% in the 3rd quarter. Equitable Holdings Inc. now owns 42,059 shares of the company’s stock worth $1,050,000 after acquiring an additional 1,893 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter worth about $72,000.

Invesco BulletShares 2032 Municipal Bond ETF Stock Down 0.1%

Shares of BSMW stock traded down $0.03 during trading hours on Friday, reaching $24.60. 12,028 shares of the stock traded hands, compared to its average volume of 35,878. Invesco BulletShares 2032 Municipal Bond ETF has a 1-year low of $24.38 and a 1-year high of $25.57. The business has a fifty day moving average price of $24.89 and a 200 day moving average price of $25.03.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were given a dividend of $0.0735 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, August 24th. This is a positive change from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07.

Invesco BulletShares 2032 Municipal Bond ETF Company Profile

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.