Invesco BulletShares 2030 Municipal Bond ETF Announces Monthly Dividend of $0.05 (NASDAQ:BSMU)

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) announced a monthly dividend on Monday, May 19th, NASDAQ Dividends reports. Shareholders of record on Monday, May 19th will be paid a dividend of 0.0546 per share on Friday, May 23rd. This represents a $0.65 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend is Monday, May 19th.

Invesco BulletShares 2030 Municipal Bond ETF Trading Down 0.2%

Shares of BSMU traded down $0.05 during mid-day trading on Monday, reaching $21.37. The company’s stock had a trading volume of 54,510 shares, compared to its average volume of 43,759. Invesco BulletShares 2030 Municipal Bond ETF has a 12-month low of $20.59 and a 12-month high of $22.25. The company’s 50 day moving average is $21.40 and its 200 day moving average is $21.71.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC increased its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 134.5% in the 1st quarter. Jane Street Group LLC now owns 215,298 shares of the company’s stock valued at $4,646,000 after acquiring an additional 123,496 shares during the period. Royal Bank of Canada lifted its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 10.0% during the first quarter. Royal Bank of Canada now owns 13,949 shares of the company’s stock worth $301,000 after purchasing an additional 1,265 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 104.5% during the first quarter. Jones Financial Companies Lllp now owns 9,463 shares of the company’s stock worth $223,000 after acquiring an additional 4,836 shares during the period. Finally, NewEdge Advisors LLC purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the 1st quarter valued at approximately $56,000.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.