Invesco BulletShares 2030 Municipal Bond ETF (BSMU) to Issue Monthly Dividend of $0.05 on May 23rd

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) declared a monthly dividend on Monday, May 19th, NASDAQ Dividends reports. Shareholders of record on Monday, May 19th will be given a dividend of 0.0546 per share on Friday, May 23rd. This represents a $0.65 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend is Monday, May 19th.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

Shares of BSMU opened at $21.35 on Wednesday. The stock’s 50-day moving average price is $21.39 and its 200-day moving average price is $21.71. Invesco BulletShares 2030 Municipal Bond ETF has a 52 week low of $20.59 and a 52 week high of $22.25.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BSMU. Jane Street Group LLC raised its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 134.5% in the 1st quarter. Jane Street Group LLC now owns 215,298 shares of the company’s stock worth $4,646,000 after purchasing an additional 123,496 shares during the period. Royal Bank of Canada grew its stake in Invesco BulletShares 2030 Municipal Bond ETF by 10.0% in the 1st quarter. Royal Bank of Canada now owns 13,949 shares of the company’s stock valued at $301,000 after acquiring an additional 1,265 shares during the period. Jones Financial Companies Lllp increased its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 104.5% in the 1st quarter. Jones Financial Companies Lllp now owns 9,463 shares of the company’s stock worth $223,000 after acquiring an additional 4,836 shares in the last quarter. Finally, NewEdge Advisors LLC acquired a new position in Invesco BulletShares 2030 Municipal Bond ETF during the first quarter worth $56,000.

About Invesco BulletShares 2030 Municipal Bond ETF

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.