Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Short Interest Update

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 29,975 shares, an increase of 165.5% from the June 30th total of 11,288 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 18,580 shares, the short-interest ratio is currently 1.6 days.

Institutional Investors Weigh In On Invesco BulletShares 2034 Municipal Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the company. BCS Wealth Management purchased a new stake in Invesco BulletShares 2034 Municipal Bond ETF in the 4th quarter worth approximately $8,978,000. LPL Financial LLC increased its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 1.8% in the fourth quarter. LPL Financial LLC now owns 265,983 shares of the company’s stock worth $6,538,000 after purchasing an additional 4,711 shares during the period. Raymond James Financial Inc. increased its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 4.8% in the third quarter. Raymond James Financial Inc. now owns 262,979 shares of the company’s stock worth $6,398,000 after purchasing an additional 11,940 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF in the fourth quarter worth $3,360,000. Finally, Bank of America Corp DE boosted its stake in Invesco BulletShares 2034 Municipal Bond ETF by 97.1% during the first quarter. Bank of America Corp DE now owns 116,015 shares of the company’s stock valued at $2,814,000 after buying an additional 57,159 shares during the period.

Invesco BulletShares 2034 Municipal Bond ETF Price Performance

Shares of Invesco BulletShares 2034 Municipal Bond ETF stock traded up $0.08 during trading hours on Monday, reaching $24.11. The company had a trading volume of 36,369 shares, compared to its average volume of 25,227. Invesco BulletShares 2034 Municipal Bond ETF has a one year low of $23.44 and a one year high of $25.02. The business has a fifty day simple moving average of $24.48 and a 200 day simple moving average of $24.58.

Invesco BulletShares 2034 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were paid a $0.0754 dividend. The ex-dividend date was Monday, July 20th. This represents a c) annualized dividend and a yield of 3.8%. This is an increase from Invesco BulletShares 2034 Municipal Bond ETF’s previous monthly dividend of $0.07.

About Invesco BulletShares 2034 Municipal Bond ETF

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.