Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Announces Dividend Increase – $0.06 Per Share

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) declared a monthly dividend on Monday, May 19th, NASDAQ Dividends reports. Investors of record on Monday, May 19th will be given a dividend of 0.0579 per share on Friday, May 23rd. This represents a $0.70 annualized dividend and a yield of 2.98%. The ex-dividend date of this dividend is Monday, May 19th. This is a 3.5% increase from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.06.

Invesco BulletShares 2027 Municipal Bond ETF Stock Down 0.8%

Shares of NASDAQ BSMR traded down $0.19 during midday trading on Monday, hitting $23.30. 211,636 shares of the company’s stock were exchanged, compared to its average volume of 59,169. The business’s fifty day moving average price is $23.40 and its two-hundred day moving average price is $23.58. Invesco BulletShares 2027 Municipal Bond ETF has a 12-month low of $22.88 and a 12-month high of $23.93.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

An institutional investor recently bought a new position in Invesco BulletShares 2027 Municipal Bond ETF stock. Jane Street Group LLC purchased a new position in Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 82,625 shares of the company’s stock, valued at approximately $1,946,000. Jane Street Group LLC owned 0.82% of Invesco BulletShares 2027 Municipal Bond ETF as of its most recent SEC filing.

About Invesco BulletShares 2027 Municipal Bond ETF

The Invesco BulletShares 2027 Municipal Bond ETF (BSMR) 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 2027. BSMR was launched on Sep 25, 2019 and is managed by Invesco.