Invesco BulletShares 2034 Municipal Bond ETF (BSMY) to Issue Monthly Dividend of $0.08 on July 24th

Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) announced a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Shareholders of record on Monday, July 20th will be paid a dividend of 0.0754 per share on Friday, July 24th. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Monday, July 20th. This is a 3.5% increase from Invesco BulletShares 2034 Municipal Bond ETF’s previous monthly dividend of $0.07.

Invesco BulletShares 2034 Municipal Bond ETF Stock Down 0.2%

NASDAQ:BSMY opened at $24.27 on Wednesday. The company has a 50-day moving average of $24.50 and a 200 day moving average of $24.59. Invesco BulletShares 2034 Municipal Bond ETF has a 1-year low of $23.41 and a 1-year high of $25.02.

Institutional Investors Weigh In On Invesco BulletShares 2034 Municipal Bond ETF

A number of institutional investors have recently added to or reduced their stakes in BSMY. Jane Street Group LLC bought a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF in the 1st quarter valued at about $2,478,000. Raymond James Financial Inc. raised its position in Invesco BulletShares 2034 Municipal Bond ETF by 1,589.5% during the 2nd quarter. Raymond James Financial Inc. now owns 251,039 shares of the company’s stock worth $5,954,000 after buying an additional 236,180 shares during the last quarter. Bank of America Corp DE lifted its position in Invesco BulletShares 2034 Municipal Bond ETF by 114.3% during the second quarter. Bank of America Corp DE now owns 15,332 shares of the company’s stock valued at $364,000 after purchasing an additional 8,177 shares during the period. Osaic Holdings Inc. lifted its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 44.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock valued at $55,000 after buying an additional 720 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in Invesco BulletShares 2034 Municipal Bond ETF by 25.6% in the third quarter. Envestnet Asset Management Inc. now owns 23,780 shares of the company’s stock valued at $579,000 after acquiring an additional 4,842 shares during the period.

About Invesco BulletShares 2034 Municipal Bond ETF

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.