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

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) saw a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 46,564 shares, an increase of 29.4% from the January 15th total of 35,984 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 55,154 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 55,154 shares, the short-interest ratio is currently 0.8 days. Currently, 0.4% of the company’s stock are sold short.

Invesco BulletShares 2029 Municipal Bond ETF Trading Up 0.1%

NASDAQ:BSMT opened at $23.38 on Monday. Invesco BulletShares 2029 Municipal Bond ETF has a 52 week low of $21.87 and a 52 week high of $23.40. The firm has a 50-day moving average price of $23.22 and a two-hundred day moving average price of $23.11.

Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a dividend of $0.0508 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. This is a boost from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.05.

Hedge Funds Weigh In On Invesco BulletShares 2029 Municipal Bond ETF

Several large investors have recently modified their holdings of BSMT. Jacobi Capital Management LLC grew its stake in Invesco BulletShares 2029 Municipal Bond ETF by 21.7% in the 4th quarter. Jacobi Capital Management LLC now owns 18,476 shares of the company’s stock valued at $428,000 after buying an additional 3,300 shares in the last quarter. Kestra Advisory Services LLC grew its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 6.1% in the fourth quarter. Kestra Advisory Services LLC now owns 82,046 shares of the company’s stock valued at $1,899,000 after purchasing an additional 4,689 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 27.7% during the 4th quarter. Integrated Wealth Concepts LLC now owns 112,957 shares of the company’s stock valued at $2,615,000 after purchasing an additional 24,475 shares during the period. Wells Fargo & Company MN lifted its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 5.0% during the 4th quarter. Wells Fargo & Company MN now owns 579,299 shares of the company’s stock worth $13,411,000 after purchasing an additional 27,762 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in Invesco BulletShares 2029 Municipal Bond ETF during the 4th quarter worth about $2,067,000.

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.