Short Interest in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Decreases By 26.6%

Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 24,500 shares, a decrease of 26.6% from the June 15th total of 33,400 shares. Based on an average trading volume of 10,000 shares, the days-to-cover ratio is currently 2.5 days.

Invesco BulletShares 2032 Municipal Bond ETF Trading Up 0.2 %

BSMW opened at $25.46 on Friday. Invesco BulletShares 2032 Municipal Bond ETF has a fifty-two week low of $23.46 and a fifty-two week high of $26.13. The company’s 50-day moving average price is $25.24 and its 200 day moving average price is $25.49.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a dividend of $0.0732 per share. This is a positive change from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Monday, June 24th. This represents a $0.88 annualized dividend and a yield of 3.45%.

Institutional Investors Weigh In On Invesco BulletShares 2032 Municipal Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Addison Advisors LLC grew its position in Invesco BulletShares 2032 Municipal Bond ETF by 6.0% in the 4th quarter. Addison Advisors LLC now owns 12,684 shares of the company’s stock worth $331,000 after purchasing an additional 719 shares during the last quarter. Comerica Bank grew its position in Invesco BulletShares 2032 Municipal Bond ETF by 283.9% in the 1st quarter. Comerica Bank now owns 3,904 shares of the company’s stock worth $100,000 after purchasing an additional 2,887 shares during the last quarter. Bill Few Associates Inc. bought a new position in Invesco BulletShares 2032 Municipal Bond ETF in the 4th quarter worth about $205,000. Atlantic Union Bankshares Corp grew its position in Invesco BulletShares 2032 Municipal Bond ETF by 11.2% in the 1st quarter. Atlantic Union Bankshares Corp now owns 89,258 shares of the company’s stock worth $2,277,000 after purchasing an additional 8,994 shares during the last quarter. Finally, Beacon Pointe Advisors LLC bought a new position in Invesco BulletShares 2032 Municipal Bond ETF in the 4th quarter worth about $238,000.

Invesco BulletShares 2032 Municipal Bond ETF Company Profile

The Invesco BulletShares 2032 Municipal Bond ETF (BSMW) 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 2032. BSMW was launched on Mar 1, 2023 and is managed by Invesco.