Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Stock Short Interest Report for October

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 88,606 shares, an increase of 83.1% from the September 30th total of 48,379 shares. Based on an average daily trading volume, of 152,424 shares, the short-interest ratio is currently 0.6 days. Approximately 0.7% of the shares of the stock are short sold.

Institutional Trading of Invesco BulletShares 2029 Municipal Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 10.2% during the first quarter. Bank of America Corp DE now owns 291,824 shares of the company’s stock valued at $6,719,000 after acquiring an additional 27,076 shares during the last quarter. NewEdge Advisors LLC grew its position in Invesco BulletShares 2029 Municipal Bond ETF by 8.5% in the 2nd quarter. NewEdge Advisors LLC now owns 216,442 shares of the company’s stock valued at $4,985,000 after acquiring an additional 16,948 shares during the last quarter. Avior Wealth Management LLC bought a new stake in Invesco BulletShares 2029 Municipal Bond ETF during the 3rd quarter valued at about $4,862,000. Precedent Wealth Partners LLC boosted its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 14.7% in the third quarter. Precedent Wealth Partners LLC now owns 205,299 shares of the company’s stock valued at $4,571,000 after purchasing an additional 26,320 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 14.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 154,554 shares of the company’s stock worth $3,559,000 after buying an additional 19,148 shares in the last quarter.

Invesco BulletShares 2029 Municipal Bond ETF Stock Down 0.0%

Shares of NASDAQ:BSMT opened at $22.72 on Tuesday. Invesco BulletShares 2029 Municipal Bond ETF has a 12 month low of $22.03 and a 12 month high of $23.41. The company has a 50-day moving average price of $22.56 and a 200 day moving average price of $22.97.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were paid a $0.0553 dividend. This represents a $0.66 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Monday, October 19th. This is a positive change from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.0519.

Invesco BulletShares 2029 Municipal Bond ETF Company Profile

The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) 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 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.