Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Raises Dividend to $0.06 Per Share

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMTGet Free Report) declared a monthly dividend on Monday, May 19th, NASDAQ Dividends reports. Stockholders of record on Monday, May 19th will be given a dividend of 0.0573 per share on Friday, May 23rd. This represents a $0.69 annualized dividend and a dividend yield of 3.04%. The ex-dividend date is Monday, May 19th. This is a 4.2% increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.06.

Invesco BulletShares 2029 Municipal Bond ETF Trading Down 0.4%

Shares of NASDAQ BSMT traded down $0.08 during mid-day trading on Monday, reaching $22.61. 102,509 shares of the company’s stock were exchanged, compared to its average volume of 52,334. The business has a fifty day simple moving average of $22.62 and a 200 day simple moving average of $22.90. Invesco BulletShares 2029 Municipal Bond ETF has a twelve month low of $21.87 and a twelve month high of $23.45.

Institutional Investors Weigh In On Invesco BulletShares 2029 Municipal Bond ETF

An institutional investor recently raised its position in Invesco BulletShares 2029 Municipal Bond ETF stock. Royal Bank of Canada increased its position in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMTFree Report) by 18.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,037 shares of the company’s stock after buying an additional 1,717 shares during the quarter. Royal Bank of Canada owned 0.14% of Invesco BulletShares 2029 Municipal Bond ETF worth $251,000 as of its most recent SEC filing.

Invesco BulletShares 2029 Municipal Bond ETF Company Profile

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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.

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Dividend History for Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT)

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