Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Short Interest Update

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 100,000 shares, an increase of 242.5% from the January 31st total of 29,200 shares. Based on an average daily trading volume, of 63,700 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Trading of Invesco BulletShares 2029 Municipal Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. MML Investors Services LLC grew its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 8.8% during the third quarter. MML Investors Services LLC now owns 13,081 shares of the company’s stock worth $304,000 after buying an additional 1,062 shares during the last quarter. AlphaStar Capital Management LLC acquired a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF during the fourth quarter worth $1,167,000. HighTower Advisors LLC acquired a new position in shares of Invesco BulletShares 2029 Municipal Bond ETF during the third quarter worth $2,453,000. Atlantic Union Bankshares Corp lifted its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 34.1% during the third quarter. Atlantic Union Bankshares Corp now owns 102,987 shares of the company’s stock worth $2,397,000 after purchasing an additional 26,190 shares during the period. Finally, Addison Advisors LLC lifted its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 4.0% during the third quarter. Addison Advisors LLC now owns 20,440 shares of the company’s stock worth $476,000 after purchasing an additional 780 shares during the period.

Invesco BulletShares 2029 Municipal Bond ETF Stock Up 0.3 %

NASDAQ BSMT opened at $23.20 on Friday. The firm’s fifty day moving average price is $22.98 and its two-hundred day moving average price is $23.10. Invesco BulletShares 2029 Municipal Bond ETF has a fifty-two week low of $22.70 and a fifty-two week high of $23.45.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were paid a dividend of $0.0533 per share. The ex-dividend date was Monday, February 24th. This is a boost from Invesco BulletShares 2029 Municipal Bond ETF’s previous dividend of $0.05.

About Invesco BulletShares 2029 Municipal Bond ETF

The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) 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 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.