Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Raises Dividend to $0.06 Per Share

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) announced a monthly dividend on Monday, June 24th, NASDAQ reports. Investors of record on Monday, June 24th will be paid a dividend of 0.0559 per share on Friday, June 28th. This represents a $0.67 annualized dividend and a dividend yield of 2.92%. The ex-dividend date of this dividend is Monday, June 24th. This is a positive change from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.06.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

Shares of NASDAQ:BSMT traded down $0.01 during mid-day trading on Monday, hitting $23.00. 21,442 shares of the company traded hands, compared to its average volume of 28,560. Invesco BulletShares 2029 Municipal Bond ETF has a 52-week low of $21.80 and a 52-week high of $23.59. The firm’s 50 day simple moving average is $22.97 and its 200 day simple moving average is $23.20.

Invesco BulletShares 2029 Municipal Bond ETF Company Profile

The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) 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 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.