Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Short Interest Down 77.4% in February

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 10,529 shares, a decline of 77.4% from the January 29th total of 46,564 shares. Based on an average trading volume of 33,918 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 33,918 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Invesco BulletShares 2029 Municipal Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. boosted its position in Invesco BulletShares 2029 Municipal Bond ETF by 24.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,660 shares of the company’s stock valued at $62,000 after buying an additional 520 shares during the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of Invesco BulletShares 2029 Municipal Bond ETF by 680.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,362 shares of the company’s stock worth $78,000 after purchasing an additional 2,931 shares during the last quarter. Anchor Investment Management LLC lifted its position in Invesco BulletShares 2029 Municipal Bond ETF by 300.0% during the fourth quarter. Anchor Investment Management LLC now owns 4,000 shares of the company’s stock valued at $93,000 after purchasing an additional 3,000 shares during the period. ORG Partners LLC acquired a new position in Invesco BulletShares 2029 Municipal Bond ETF during the third quarter valued at $141,000. Finally, Capital Analysts LLC purchased a new stake in Invesco BulletShares 2029 Municipal Bond ETF in the fourth quarter valued at $156,000.

Invesco BulletShares 2029 Municipal Bond ETF Trading Down 0.1%

Shares of NASDAQ BSMT traded down $0.02 during midday trading on Friday, hitting $23.37. The company’s stock had a trading volume of 20,665 shares, compared to its average volume of 42,679. Invesco BulletShares 2029 Municipal Bond ETF has a 12-month low of $21.87 and a 12-month high of $23.41. The business’s 50 day moving average is $23.26 and its two-hundred day moving average is $23.13.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 23rd will be paid a dividend of $0.05 per share. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, February 23rd.

Invesco BulletShares 2029 Municipal Bond ETF Company Profile

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.