Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Short Interest Down 19.6% in March

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 3,700 shares, a decline of 19.6% from the February 28th total of 4,600 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 34,600 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

A number of hedge funds have recently bought and sold shares of BSMV. LPL Financial LLC increased its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 42.3% during the fourth quarter. LPL Financial LLC now owns 270,291 shares of the company’s stock worth $5,657,000 after buying an additional 80,300 shares during the period. Envision Financial Planning LLC grew its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 2.3% during the 4th quarter. Envision Financial Planning LLC now owns 206,585 shares of the company’s stock worth $4,324,000 after acquiring an additional 4,714 shares in the last quarter. Bank of America Corp DE increased its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 0.7% in the 4th quarter. Bank of America Corp DE now owns 168,686 shares of the company’s stock valued at $3,531,000 after purchasing an additional 1,101 shares during the last quarter. Invesco Ltd. increased its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 35.9% in the 4th quarter. Invesco Ltd. now owns 140,962 shares of the company’s stock valued at $2,950,000 after purchasing an additional 37,236 shares during the last quarter. Finally, Avior Wealth Management LLC raised its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 929.7% in the 4th quarter. Avior Wealth Management LLC now owns 118,554 shares of the company’s stock valued at $2,481,000 after purchasing an additional 107,041 shares in the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Stock Up 0.4 %

Invesco BulletShares 2031 Municipal Bond ETF stock opened at $20.73 on Tuesday. Invesco BulletShares 2031 Municipal Bond ETF has a twelve month low of $20.55 and a twelve month high of $21.47. The stock’s fifty day simple moving average is $20.92 and its 200-day simple moving average is $21.04.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.0524 per share. This is an increase from Invesco BulletShares 2031 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date was Monday, March 24th.

About Invesco BulletShares 2031 Municipal Bond ETF

The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) 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 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.