Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Stock Short Interest Report for October

by · The Cerbat Gem

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 13,738 shares, a decrease of 83.3% from the September 30th total of 82,378 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 134,614 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 63.9% during the first quarter. Bank of America Corp DE now owns 466,692 shares of the company’s stock valued at $11,039,000 after acquiring an additional 181,981 shares during the last quarter. Financial Solutions Advisory Group Inc. bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the first quarter worth about $8,155,000. Key Financial Inc grew its stake in shares of Invesco BulletShares 2027 Municipal Bond ETF by 10.8% in the first quarter. Key Financial Inc now owns 342,056 shares of the company’s stock worth $8,091,000 after purchasing an additional 33,267 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 7.0% during the 2nd quarter. NewEdge Advisors LLC now owns 217,832 shares of the company’s stock valued at $5,150,000 after purchasing an additional 14,192 shares during the period. Finally, Precedent Wealth Partners LLC increased its holdings in Invesco BulletShares 2027 Municipal Bond ETF by 12.7% during the 3rd quarter. Precedent Wealth Partners LLC now owns 214,181 shares of the company’s stock valued at $4,982,000 after purchasing an additional 24,129 shares during the period.

Invesco BulletShares 2027 Municipal Bond ETF Price Performance

Shares of NASDAQ BSMR remained flat at $23.50 during mid-day trading on Tuesday. 40,836 shares of the company traded hands, compared to its average volume of 67,037. Invesco BulletShares 2027 Municipal Bond ETF has a 12 month low of $23.12 and a 12 month high of $23.85. The business’s 50-day moving average price is $23.45 and its 200 day moving average price is $23.61.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were issued a $0.0565 dividend. This is a boost from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.0530. The ex-dividend date of this dividend was Monday, October 19th. This represents a $0.68 dividend on an annualized basis and a yield of 2.9%.

Invesco BulletShares 2027 Municipal Bond ETF Company Profile

(Get Free Report)

The Invesco BulletShares 2027 Municipal Bond ETF (BSMR) 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 2027. BSMR was launched on Sep 25, 2019 and is managed by Invesco.

Recommended Stories