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

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 7,600 shares, a decline of 61.0% from the February 28th total of 19,500 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 64,300 shares, the short-interest ratio is presently 0.1 days.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMT opened at $22.71 on Thursday. The stock has a 50 day moving average price of $23.01 and a 200-day moving average price of $23.08. Invesco BulletShares 2029 Municipal Bond ETF has a 52-week low of $22.70 and a 52-week high of $23.45.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a $0.0539 dividend. The ex-dividend date is Monday, March 24th. This is a boost from Invesco BulletShares 2029 Municipal Bond ETF’s previous dividend of $0.05.

Institutional Investors Weigh In On Invesco BulletShares 2029 Municipal Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. Captrust Financial Advisors boosted its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 2.6% in the 4th quarter. Captrust Financial Advisors now owns 19,119 shares of the company’s stock worth $439,000 after buying an additional 480 shares during the period. First Command Advisory Services Inc. lifted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 16.3% in the 4th quarter. First Command Advisory Services Inc. now owns 4,146 shares of the company’s stock valued at $95,000 after purchasing an additional 580 shares during the last quarter. Jacobi Capital Management LLC increased its position in Invesco BulletShares 2029 Municipal Bond ETF by 5.6% during the fourth quarter. Jacobi Capital Management LLC now owns 11,328 shares of the company’s stock valued at $260,000 after acquiring an additional 600 shares during the last quarter. Silverlake Wealth Management LLC lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF by 6.5% in the fourth quarter. Silverlake Wealth Management LLC now owns 14,117 shares of the company’s stock worth $324,000 after purchasing an additional 862 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 22.4% during the fourth quarter. Jones Financial Companies Lllp now owns 5,271 shares of the company’s stock valued at $121,000 after purchasing an additional 966 shares during the period.

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.