Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Declares Monthly Dividend of $0.05

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) announced a monthly dividend on Monday, November 20th, NASDAQ reports. Shareholders of record on Tuesday, November 21st will be paid a dividend of 0.0506 per share on Friday, November 24th. This represents a $0.61 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date is Monday, November 20th.

Invesco BulletShares 2028 Municipal Bond ETF Price Performance

BSMS stock remained flat at $23.04 during midday trading on Monday. The company’s stock had a trading volume of 12,008 shares, compared to its average volume of 19,979. Invesco BulletShares 2028 Municipal Bond ETF has a fifty-two week low of $22.25 and a fifty-two week high of $23.95. The stock’s 50-day simple moving average is $22.66 and its 200 day simple moving average is $23.06.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of BSMS. Captrust Financial Advisors bought a new position in shares of Invesco BulletShares 2028 Municipal Bond ETF during the second quarter valued at approximately $130,000. Northwestern Mutual Wealth Management Co. grew its stake in Invesco BulletShares 2028 Municipal Bond ETF by 157.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,134 shares of the company’s stock worth $142,000 after purchasing an additional 3,749 shares in the last quarter. UBS Group AG grew its stake in Invesco BulletShares 2028 Municipal Bond ETF by 8.8% in the third quarter. UBS Group AG now owns 6,729 shares of the company’s stock worth $150,000 after purchasing an additional 545 shares in the last quarter. Colony Group LLC bought a new position in Invesco BulletShares 2028 Municipal Bond ETF in the first quarter worth approximately $222,000. Finally, Stifel Financial Corp grew its stake in Invesco BulletShares 2028 Municipal Bond ETF by 6.1% in the second quarter. Stifel Financial Corp now owns 14,964 shares of the company’s stock worth $350,000 after purchasing an additional 858 shares in the last quarter.

Invesco BulletShares 2028 Municipal Bond ETF Company Profile

The Invesco BulletShares 2028 Municipal Bond ETF (BSMS) 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 2028. BSMS was launched on Sep 25, 2019 and is managed by Invesco.