Invesco BulletShares 2028 Municipal Bond ETF Declares Monthly Dividend of $0.05 (NASDAQ:BSMS)

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) declared a monthly dividend on Monday, April 20th, NASDAQ Dividends reports. Shareholders of record on Monday, April 20th will be paid a dividend of 0.0516 per share on Friday, April 24th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, April 20th.

Invesco BulletShares 2028 Municipal Bond ETF Stock Performance

NASDAQ BSMS opened at $23.46 on Tuesday. The stock’s 50 day simple moving average is $23.55 and its 200-day simple moving average is $23.50. Invesco BulletShares 2028 Municipal Bond ETF has a 1-year low of $22.67 and a 1-year high of $23.70.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. acquired a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the 3rd quarter worth $73,000. Private Trust Co. NA lifted its stake in shares of Invesco BulletShares 2028 Municipal Bond ETF by 464.6% in the fourth quarter. Private Trust Co. NA now owns 3,529 shares of the company’s stock worth $83,000 after buying an additional 2,904 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF in the fourth quarter worth about $92,000. Capital Analysts LLC acquired a new position in Invesco BulletShares 2028 Municipal Bond ETF during the fourth quarter worth about $156,000. Finally, ORG Partners LLC boosted its position in Invesco BulletShares 2028 Municipal Bond ETF by 705.9% during the third quarter. ORG Partners LLC now owns 6,850 shares of the company’s stock worth $160,000 after acquiring an additional 6,000 shares during the last quarter.

About Invesco BulletShares 2028 Municipal Bond ETF

The Invesco BulletShares 2028 Municipal Bond ETF (BSMS) 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 2028. BSMS was launched on Sep 25, 2019 and is managed by Invesco.