Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Plans Dividend of $0.05

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) declared a dividend on Monday, August 24th, NASDAQ Dividends reports. Shareholders of record on Monday, August 24th will be given a dividend of 0.0544 per share on Friday, August 28th. The ex-dividend date of this dividend is Monday, August 24th. This is a 6.2% increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous dividend of $0.05.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMU opened at $21.72 on Tuesday. Invesco BulletShares 2030 Municipal Bond ETF has a 12 month low of $21.55 and a 12 month high of $22.31. The company has a 50 day simple moving average of $21.81 and a two-hundred day simple moving average of $21.93.

Institutional Investors Weigh In On Invesco BulletShares 2030 Municipal Bond ETF

Several hedge funds have recently added to or reduced their stakes in the business. Wells Fargo & Company MN grew its position in Invesco BulletShares 2030 Municipal Bond ETF by 4.7% during the 4th quarter. Wells Fargo & Company MN now owns 502,178 shares of the company’s stock worth $11,060,000 after purchasing an additional 22,572 shares during the period. LPL Financial LLC lifted its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 5.9% in the 4th quarter. LPL Financial LLC now owns 460,052 shares of the company’s stock valued at $10,133,000 after buying an additional 25,463 shares during the period. Hills Bank & Trust Co boosted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 76.7% in the fourth quarter. Hills Bank & Trust Co now owns 432,344 shares of the company’s stock worth $9,522,000 after buying an additional 187,718 shares during the last quarter. Invesco Ltd. grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 69.5% during the fourth quarter. Invesco Ltd. now owns 287,207 shares of the company’s stock worth $6,326,000 after acquiring an additional 117,737 shares during the period. Finally, Bank of America Corp DE grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 19.1% during the first quarter. Bank of America Corp DE now owns 267,567 shares of the company’s stock worth $5,836,000 after acquiring an additional 42,944 shares during the period.

About Invesco BulletShares 2030 Municipal Bond ETF

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.