Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) Short Interest Down 26.0% in March
by Jessica Moore · The Cerbat GemInvesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW – Get Free Report) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totaling 46,122 shares, a decrease of 26.0% from the March 15th total of 62,350 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 21,784 shares, the short-interest ratio is presently 2.1 days.
Invesco BulletShares 2032 Municipal Bond ETF Price Performance
NASDAQ:BSMW remained flat at $25.07 on Friday. The company’s stock had a trading volume of 14,740 shares, compared to its average volume of 29,499. The stock’s 50 day moving average is $25.20 and its 200-day moving average is $25.18. Invesco BulletShares 2032 Municipal Bond ETF has a twelve month low of $23.90 and a twelve month high of $25.57.
Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend
The firm also recently declared a monthly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.067 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 3.2%. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07.
Institutional Investors Weigh In On Invesco BulletShares 2032 Municipal Bond ETF
A number of institutional investors have recently added to or reduced their stakes in BSMW. Confluence Investment Management LLC boosted its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 108.9% during the fourth quarter. Confluence Investment Management LLC now owns 109,012 shares of the company’s stock worth $2,737,000 after acquiring an additional 56,826 shares during the last quarter. Legacy Private Trust Co. purchased a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the 4th quarter worth $654,000. Stratos Wealth Advisors LLC boosted its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 19.8% during the 4th quarter. Stratos Wealth Advisors LLC now owns 164,384 shares of the company’s stock valued at $4,128,000 after purchasing an additional 27,211 shares during the last quarter. Elequin Capital LP bought a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 3rd quarter valued at about $1,796,000. Finally, Clark Asset Management LLC grew its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 3.7% during the fourth quarter. Clark Asset Management LLC now owns 47,192 shares of the company’s stock valued at $1,185,000 after purchasing an additional 1,677 shares in the last quarter.
About Invesco BulletShares 2032 Municipal Bond ETF
The Invesco BulletShares 2032 Municipal Bond ETF (BSMW) 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 2032. BSMW was launched on Mar 1, 2023 and is managed by Invesco.