Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 116,708 shares, an increase of 318.0% from the May 14th total of 27,922 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 90,825 shares, the days-to-cover ratio is currently 1.3 days.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 1,260.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,039,660 shares of the company’s stock valued at $24,068,000 after acquiring an additional 963,241 shares during the period. Hills Bank & Trust Co boosted its position in Invesco BulletShares 2029 Municipal Bond ETF by 10.8% during the 4th quarter. Hills Bank & Trust Co now owns 633,116 shares of the company’s stock worth $14,657,000 after purchasing an additional 61,687 shares during the period. Wells Fargo & Company MN increased its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 5.0% in the 4th quarter. Wells Fargo & Company MN now owns 579,299 shares of the company’s stock valued at $13,411,000 after purchasing an additional 27,762 shares in the last quarter. Bank of America Corp DE raised its position in Invesco BulletShares 2029 Municipal Bond ETF by 10.2% in the first quarter. Bank of America Corp DE now owns 291,824 shares of the company’s stock valued at $6,719,000 after purchasing an additional 27,076 shares during the period. Finally, Invesco Ltd. raised its position in Invesco BulletShares 2029 Municipal Bond ETF by 17.1% in the fourth quarter. Invesco Ltd. now owns 280,320 shares of the company’s stock valued at $6,489,000 after purchasing an additional 40,970 shares during the period.
Invesco BulletShares 2029 Municipal Bond ETF Stock Up 0.1%
Shares of NASDAQ:BSMT traded up $0.02 on Thursday, hitting $23.09. The company had a trading volume of 21,284 shares, compared to its average volume of 43,686. Invesco BulletShares 2029 Municipal Bond ETF has a 52-week low of $22.61 and a 52-week high of $23.41. The business has a 50 day moving average of $23.07 and a 200 day moving average of $23.16.
Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend
About Invesco BulletShares 2029 Municipal Bond ETF
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.
Read More
- Five stocks we like better than Invesco BulletShares 2029 Municipal Bond ETF
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Receive News & Ratings for Invesco BulletShares 2029 Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco BulletShares 2029 Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
