Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Short Interest Update

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 15,800 shares, a decline of 21.4% from the August 31st total of 20,100 shares. Based on an average daily volume of 40,300 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Invesco BulletShares 2029 Municipal Bond ETF

Large investors have recently bought and sold shares of the business. First Command Advisory Services Inc. raised its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 81.8% during the second quarter. First Command Advisory Services Inc. now owns 3,566 shares of the company’s stock valued at $82,000 after purchasing an additional 1,605 shares during the period. Comerica Bank increased its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 278.1% during the first quarter. Comerica Bank now owns 4,911 shares of the company’s stock valued at $114,000 after acquiring an additional 3,612 shares in the last quarter. Atlantic Union Bankshares Corp increased its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 15.9% during the second quarter. Atlantic Union Bankshares Corp now owns 76,797 shares of the company’s stock valued at $1,760,000 after acquiring an additional 10,560 shares in the last quarter. Hills Bank & Trust Co lifted its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 2.0% in the 2nd quarter. Hills Bank & Trust Co now owns 241,536 shares of the company’s stock worth $5,535,000 after purchasing an additional 4,789 shares in the last quarter. Finally, Asset Dedication LLC grew its position in Invesco BulletShares 2029 Municipal Bond ETF by 7.0% in the 2nd quarter. Asset Dedication LLC now owns 32,716 shares of the company’s stock valued at $750,000 after purchasing an additional 2,138 shares during the period.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

NASDAQ:BSMT traded up $0.07 on Friday, reaching $23.29. 27,694 shares of the stock traded hands, compared to its average volume of 32,514. Invesco BulletShares 2029 Municipal Bond ETF has a 1-year low of $21.80 and a 1-year high of $23.59. The company’s 50 day moving average is $23.19 and its 200-day moving average is $23.09.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a dividend of $0.054 per share. This represents a $0.65 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date of this dividend was Monday, September 23rd.

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.