Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV – Get Free Report) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 17,019 shares, a decrease of 66.9% from the September 30th total of 51,461 shares. Based on an average trading volume of 135,139 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are short sold.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. NorthAvenue LLC grew its position in Invesco BulletShares 2031 Municipal Bond ETF by 27.3% during the third quarter. NorthAvenue LLC now owns 4,328 shares of the company’s stock worth $86,000 after buying an additional 929 shares in the last quarter. Anchor Investment Management LLC acquired a new position in Invesco BulletShares 2031 Municipal Bond ETF in the 2nd quarter valued at approximately $115,000. Ascentis Independent Advisors acquired a new position in Invesco BulletShares 2031 Municipal Bond ETF in the 1st quarter valued at approximately $140,000. World Investment Advisors bought a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF in the 1st quarter worth approximately $238,000. Finally, NewEdge Advisors LLC lifted its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 394.2% in the 1st quarter. NewEdge Advisors LLC now owns 12,850 shares of the company’s stock worth $268,000 after acquiring an additional 10,250 shares during the period.
Invesco BulletShares 2031 Municipal Bond ETF Trading Up 0.2%
Shares of NASDAQ:BSMV traded up $0.05 during midday trading on Friday, hitting $20.42. The company’s stock had a trading volume of 57,748 shares, compared to its average volume of 56,900. The stock’s 50 day simple moving average is $20.28 and its 200 day simple moving average is $20.85. Invesco BulletShares 2031 Municipal Bond ETF has a fifty-two week low of $19.67 and a fifty-two week high of $21.53.
Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were issued a $0.0505 dividend. This is a decrease from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.0508. The ex-dividend date of this dividend was Monday, October 19th. This represents a $0.61 dividend on an annualized basis and a yield of 3.0%.
Invesco BulletShares 2031 Municipal Bond ETF Company Profile
The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) 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 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.
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