Invesco BulletShares 2023 Municipal Bond ETF (NASDAQ:BSMN) Declares Monthly Dividend of $0.06

Invesco BulletShares 2023 Municipal Bond ETF (NASDAQ:BSMN) declared a monthly dividend on Monday, November 20th, NASDAQ reports. Stockholders of record on Tuesday, November 21st will be paid a dividend of 0.0595 per share on Friday, November 24th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date is Monday, November 20th.

Invesco BulletShares 2023 Municipal Bond ETF Stock Performance

Shares of BSMN traded down $0.07 on Monday, reaching $25.05. 5,069 shares of the company’s stock traded hands, compared to its average volume of 35,345. The stock’s 50 day simple moving average is $25.06 and its two-hundred day simple moving average is $25.08. Invesco BulletShares 2023 Municipal Bond ETF has a 52-week low of $24.97 and a 52-week high of $25.26.

Institutional Trading of Invesco BulletShares 2023 Municipal Bond ETF

A number of institutional investors have recently modified their holdings of BSMN. Raymond James & Associates purchased a new position in shares of Invesco BulletShares 2023 Municipal Bond ETF in the first quarter valued at $731,000. Flow Traders U.S. LLC purchased a new position in shares of Invesco BulletShares 2023 Municipal Bond ETF in the 1st quarter worth about $1,308,000. Stonebridge Capital Advisors LLC bought a new position in shares of Invesco BulletShares 2023 Municipal Bond ETF during the 1st quarter valued at about $38,000. UBS Group AG raised its holdings in shares of Invesco BulletShares 2023 Municipal Bond ETF by 25.0% during the 1st quarter. UBS Group AG now owns 45,604 shares of the company’s stock valued at $1,150,000 after buying an additional 9,107 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in Invesco BulletShares 2023 Municipal Bond ETF by 138.9% in the 1st quarter. Jane Street Group LLC now owns 44,244 shares of the company’s stock worth $1,115,000 after buying an additional 25,726 shares during the last quarter.

Invesco BulletShares 2023 Municipal Bond ETF Company Profile

The Invesco BulletShares 2023 Municipal Bond ETF (BSMN) 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 2023. BSMN was launched on Sep 25, 2019 and is managed by Invesco.