Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Down 48.8% in August

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a significant decrease in short interest in August. As of August 15th, there was short interest totalling 6,500 shares, a decrease of 48.8% from the July 31st total of 12,700 shares. Based on an average daily trading volume, of 11,100 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Several large investors have recently added to or reduced their stakes in BSMW. Wells Fargo & Company MN increased its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 106.9% in the fourth quarter. Wells Fargo & Company MN now owns 418,738 shares of the company’s stock worth $10,912,000 after purchasing an additional 216,391 shares in the last quarter. Sterling Financial Group Inc. increased its stake in Invesco BulletShares 2032 Municipal Bond ETF by 115.4% in the 1st quarter. Sterling Financial Group Inc. now owns 54,311 shares of the company’s stock worth $1,386,000 after buying an additional 29,101 shares in the last quarter. Atlantic Union Bankshares Corp raised its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 25.3% during the second quarter. Atlantic Union Bankshares Corp now owns 111,863 shares of the company’s stock valued at $2,820,000 after acquiring an additional 22,605 shares during the period. Key Financial Inc lifted its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 179.7% in the second quarter. Key Financial Inc now owns 30,933 shares of the company’s stock valued at $780,000 after acquiring an additional 19,873 shares in the last quarter. Finally, Envision Financial Planning LLC boosted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 11.5% in the first quarter. Envision Financial Planning LLC now owns 144,841 shares of the company’s stock worth $3,696,000 after acquiring an additional 14,947 shares during the period.

Invesco BulletShares 2032 Municipal Bond ETF Stock Down 0.1 %

Shares of NASDAQ BSMW traded down $0.02 during trading on Friday, hitting $25.42. The company had a trading volume of 12,254 shares, compared to its average volume of 13,843. Invesco BulletShares 2032 Municipal Bond ETF has a 12 month low of $23.46 and a 12 month high of $26.13. The stock has a 50 day simple moving average of $25.40 and a 200 day simple moving average of $25.39.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a dividend of $0.0732 per share. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.88 dividend on an annualized basis and a yield of 3.46%.

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.