Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Raises Dividend to $0.05 Per Share

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) announced a monthly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Monday, March 23rd will be given a dividend of 0.0509 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Monday, March 23rd. This is a 3.1% increase from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMV opened at $20.94 on Tuesday. Invesco BulletShares 2031 Municipal Bond ETF has a 12-month low of $19.74 and a 12-month high of $21.53. The firm has a fifty day moving average of $21.28 and a two-hundred day moving average of $21.18.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Asset Dedication LLC lifted its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 145.1% during the 2nd quarter. Asset Dedication LLC now owns 41,289 shares of the company’s stock valued at $851,000 after buying an additional 24,441 shares during the last quarter. Cary Street Partners Financial LLC bought a new position in Invesco BulletShares 2031 Municipal Bond ETF during the third quarter valued at approximately $546,000. Central Valley Advisors LLC acquired a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the third quarter valued at approximately $3,951,000. Avior Wealth Management LLC grew its position in Invesco BulletShares 2031 Municipal Bond ETF by 18.2% in the fourth quarter. Avior Wealth Management LLC now owns 174,209 shares of the company’s stock worth $3,682,000 after acquiring an additional 26,855 shares in the last quarter. Finally, Atlantic Union Bankshares Corp increased its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 10.6% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 177,780 shares of the company’s stock worth $3,735,000 after purchasing an additional 17,011 shares during the last quarter.

About Invesco BulletShares 2031 Municipal Bond ETF

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.