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

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) declared a monthly dividend on Monday, May 18th, NASDAQ Dividends reports. Investors of record on Monday, May 18th will be given a dividend of 0.0529 per share on Friday, May 22nd. This represents a c) dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Monday, May 18th. This is a 3.3% increase from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2031 Municipal Bond ETF Trading Down 0.2%

BSMV traded down $0.05 during trading hours on Monday, reaching $20.84. The company’s stock had a trading volume of 29,472 shares, compared to its average volume of 43,517. Invesco BulletShares 2031 Municipal Bond ETF has a fifty-two week low of $20.31 and a fifty-two week high of $21.53. The business’s 50-day moving average is $21.02 and its 200-day moving average is $21.15.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC purchased a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the 1st quarter valued at about $54,000. JPMorgan Chase & Co. purchased a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the 3rd quarter valued at about $56,000. Ascentis Independent Advisors purchased a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the 1st quarter valued at about $140,000. First Command Advisory Services Inc. raised its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 16.2% in the 3rd quarter. First Command Advisory Services Inc. now owns 6,711 shares of the company’s stock valued at $141,000 after buying an additional 936 shares during the period. Finally, Capital Analysts LLC raised its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 516.5% in the 4th quarter. Capital Analysts LLC now owns 8,884 shares of the company’s stock valued at $188,000 after buying an additional 7,443 shares during the period.

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.