Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) Sees Significant Decrease in Short Interest

Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 100 shares, a decrease of 90.9% from the September 15th total of 1,100 shares. Based on an average daily volume of 37,000 shares, the short-interest ratio is presently 0.0 days.

Invesco BulletShares 2024 Municipal Bond ETF Price Performance

Shares of BSMO opened at $24.84 on Friday. The company’s 50-day simple moving average is $24.84 and its 200-day simple moving average is $24.82. Invesco BulletShares 2024 Municipal Bond ETF has a 1 year low of $24.54 and a 1 year high of $24.98.

Invesco BulletShares 2024 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.053 dividend. This is a boost from Invesco BulletShares 2024 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.64 annualized dividend and a dividend yield of 2.56%. The ex-dividend date was Monday, September 23rd.

Institutional Trading of Invesco BulletShares 2024 Municipal Bond ETF

A number of large investors have recently made changes to their positions in BSMO. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco BulletShares 2024 Municipal Bond ETF by 72.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 35,247 shares of the company’s stock valued at $875,000 after purchasing an additional 14,749 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Invesco BulletShares 2024 Municipal Bond ETF by 3.9% during the 2nd quarter. NewEdge Advisors LLC now owns 120,591 shares of the company’s stock worth $2,993,000 after buying an additional 4,492 shares during the last quarter. Koss Olinger Consulting LLC acquired a new position in shares of Invesco BulletShares 2024 Municipal Bond ETF during the 2nd quarter worth about $349,000. Addison Advisors LLC increased its holdings in shares of Invesco BulletShares 2024 Municipal Bond ETF by 13.8% in the 2nd quarter. Addison Advisors LLC now owns 6,570 shares of the company’s stock valued at $163,000 after acquiring an additional 795 shares during the period. Finally, Dover Advisors LLC boosted its stake in Invesco BulletShares 2024 Municipal Bond ETF by 1.8% during the 2nd quarter. Dover Advisors LLC now owns 22,418 shares of the company’s stock worth $556,000 after purchasing an additional 404 shares during the period.

About Invesco BulletShares 2024 Municipal Bond ETF

The Invesco BulletShares 2024 Municipal Bond ETF (BSMO) 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 2024. BSMO was launched on Sep 25, 2019 and is managed by Invesco.