Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Announces Dividend Increase – $0.05 Per Share

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) declared a monthly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Monday, March 23rd will be given a dividend of 0.0529 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Monday, March 23rd. This is a 0.2% increase from Invesco BulletShares 2028 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2028 Municipal Bond ETF Trading Down 0.2%

BSMS traded down $0.04 during trading hours on Monday, hitting $23.44. The company’s stock had a trading volume of 34,887 shares, compared to its average volume of 51,527. The business’s 50-day moving average price is $23.60 and its 200-day moving average price is $23.51. Invesco BulletShares 2028 Municipal Bond ETF has a 12 month low of $22.41 and a 12 month high of $23.70.

Hedge Funds Weigh In On Invesco BulletShares 2028 Municipal Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Signaturefd LLC lifted its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 109.4% in the 3rd quarter. Signaturefd LLC now owns 76,360 shares of the company’s stock valued at $1,788,000 after acquiring an additional 39,898 shares during the last quarter. VestGen Advisors LLC grew its position in Invesco BulletShares 2028 Municipal Bond ETF by 2.8% in the second quarter. VestGen Advisors LLC now owns 141,405 shares of the company’s stock worth $3,293,000 after acquiring an additional 3,893 shares in the last quarter. Truist Financial Corp bought a new stake in Invesco BulletShares 2028 Municipal Bond ETF during the third quarter worth approximately $6,898,000. Elequin Capital LP raised its position in Invesco BulletShares 2028 Municipal Bond ETF by 31,150.0% during the third quarter. Elequin Capital LP now owns 100,000 shares of the company’s stock valued at $2,342,000 after purchasing an additional 99,680 shares during the period. Finally, Howard Wealth Management LLC raised its position in Invesco BulletShares 2028 Municipal Bond ETF by 5.1% during the third quarter. Howard Wealth Management LLC now owns 15,541 shares of the company’s stock valued at $364,000 after purchasing an additional 755 shares during the period.

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.