Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Short Interest Update

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totalling 3,600 shares, a decrease of 75.0% from the December 31st total of 14,400 shares. Based on an average daily volume of 47,700 shares, the short-interest ratio is presently 0.1 days.

Invesco BulletShares 2028 Municipal Bond ETF Stock Down 0.0 %

NASDAQ:BSMS traded down $0.01 during trading hours on Wednesday, hitting $23.28. The stock had a trading volume of 1,243 shares, compared to its average volume of 66,619. The business has a 50 day simple moving average of $23.39 and a two-hundred day simple moving average of $23.42. Invesco BulletShares 2028 Municipal Bond ETF has a 1-year low of $23.05 and a 1-year high of $23.75.

Invesco BulletShares 2028 Municipal Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were paid a dividend of $0.0541 per share. This is a boost from Invesco BulletShares 2028 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date was Tuesday, January 21st.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 9.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 82,382 shares of the company’s stock valued at $1,914,000 after acquiring an additional 7,068 shares during the last quarter. NewEdge Advisors LLC increased its stake in Invesco BulletShares 2028 Municipal Bond ETF by 6.9% during the second quarter. NewEdge Advisors LLC now owns 117,647 shares of the company’s stock valued at $2,733,000 after purchasing an additional 7,645 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco BulletShares 2028 Municipal Bond ETF by 18.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 18,611 shares of the company’s stock worth $432,000 after purchasing an additional 2,847 shares during the period. Asset Dedication LLC lifted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 8.9% in the 3rd quarter. Asset Dedication LLC now owns 64,227 shares of the company’s stock worth $1,514,000 after buying an additional 5,250 shares during the last quarter. Finally, Sentinel Pension Advisors Inc. lifted its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 35.7% in the 3rd quarter. Sentinel Pension Advisors Inc. now owns 19,492 shares of the company’s stock worth $460,000 after buying an additional 5,123 shares during the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Company Profile

The Invesco BulletShares 2028 Municipal Bond ETF (BSMS) 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 2028. BSMS was launched on Sep 25, 2019 and is managed by Invesco.