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

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) announced a monthly dividend on Monday, May 18th, NASDAQ Dividends reports. Investors of record on Monday, May 18th will be paid a dividend of 0.0531 per share on Friday, May 22nd. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, May 18th. This is a 4.8% increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

BSMU stock traded down $0.01 during midday trading on Monday, hitting $21.80. The stock had a trading volume of 52,303 shares, compared to its average volume of 39,523. The business has a 50-day moving average of $21.95 and a two-hundred day moving average of $22.04. Invesco BulletShares 2030 Municipal Bond ETF has a 52-week low of $21.24 and a 52-week high of $22.31.

Institutional Investors Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 4.7% in the fourth quarter. Wells Fargo & Company MN now owns 502,178 shares of the company’s stock worth $11,060,000 after purchasing an additional 22,572 shares during the period. LPL Financial LLC grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 460,052 shares of the company’s stock worth $10,133,000 after purchasing an additional 25,463 shares during the period. Hills Bank & Trust Co grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 76.7% in the fourth quarter. Hills Bank & Trust Co now owns 432,344 shares of the company’s stock worth $9,522,000 after purchasing an additional 187,718 shares during the period. Invesco Ltd. grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 69.5% in the fourth quarter. Invesco Ltd. now owns 287,207 shares of the company’s stock worth $6,326,000 after purchasing an additional 117,737 shares during the period. Finally, Stratos Wealth Advisors LLC grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 12.9% in the fourth quarter. Stratos Wealth Advisors LLC now owns 271,269 shares of the company’s stock worth $5,975,000 after purchasing an additional 30,978 shares during the period.

About Invesco BulletShares 2030 Municipal Bond ETF

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.