Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Down 16.7% in April

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 17,400 shares, a decline of 16.7% from the March 31st total of 20,900 shares. Based on an average daily volume of 12,300 shares, the short-interest ratio is presently 1.4 days.

Institutional Trading of Invesco BulletShares 2032 Municipal Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Bill Few Associates Inc. acquired a new stake in Invesco BulletShares 2032 Municipal Bond ETF during the 4th quarter valued at approximately $205,000. Beacon Pointe Advisors LLC purchased a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 4th quarter valued at approximately $238,000. Addison Advisors LLC grew its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 6.0% during the fourth quarter. Addison Advisors LLC now owns 12,684 shares of the company’s stock worth $331,000 after buying an additional 719 shares in the last quarter. Confluence Investment Management LLC acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the first quarter worth approximately $332,000. Finally, Sterling Financial Group Inc. increased its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 70.2% in the fourth quarter. Sterling Financial Group Inc. now owns 25,210 shares of the company’s stock worth $657,000 after buying an additional 10,400 shares during the last quarter.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

Shares of BSMW stock traded up $0.07 on Monday, hitting $25.13. The stock had a trading volume of 6,971 shares, compared to its average volume of 16,495. The stock’s 50 day moving average is $25.49 and its 200-day moving average is $25.29. Invesco BulletShares 2032 Municipal Bond ETF has a 52-week low of $23.46 and a 52-week high of $26.13.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd were paid a dividend of $0.0718 per share. The ex-dividend date was Monday, April 22nd. This is an increase from Invesco BulletShares 2032 Municipal Bond ETF’s previous dividend of $0.07.

About Invesco BulletShares 2032 Municipal Bond ETF

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.