Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) to Issue Dividend Increase – $0.05 Per Share

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) declared a monthly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Monday, March 23rd will be paid a dividend of 0.0518 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Monday, March 23rd. This is a 3.6% increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

Invesco BulletShares 2029 Municipal Bond ETF stock traded down $0.02 during midday trading on Monday, reaching $23.06. The company’s stock had a trading volume of 22,211 shares, compared to its average volume of 38,353. Invesco BulletShares 2029 Municipal Bond ETF has a fifty-two week low of $21.87 and a fifty-two week high of $23.41. The stock’s 50 day simple moving average is $23.28 and its 200 day simple moving average is $23.18.

Invesco BulletShares 2029 Municipal Bond ETF Company Profile

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.