Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) Shares Up 0.1% – Should You Buy?

Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO)’s stock price shot up 0.1% during trading on Friday . The company traded as high as $24.89 and last traded at $24.88. 97,500 shares traded hands during mid-day trading, an increase of 147% from the average session volume of 39,493 shares. The stock had previously closed at $24.86.

Invesco BulletShares 2024 Municipal Bond ETF Stock Up 0.1 %

The company’s 50 day moving average price is $24.85 and its two-hundred day moving average price is $24.84.

Invesco BulletShares 2024 Municipal Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 17th. Shareholders of record on Friday, December 13th were paid a $0.0069 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Hedge Funds Weigh In On Invesco BulletShares 2024 Municipal Bond ETF

Institutional investors have recently modified their holdings of the stock. Asset Dedication LLC raised its holdings in shares of Invesco BulletShares 2024 Municipal Bond ETF by 0.5% in the 3rd quarter. Asset Dedication LLC now owns 104,117 shares of the company’s stock valued at $2,584,000 after purchasing an additional 553 shares in the last quarter. AA Financial Advisors LLC increased its holdings in Invesco BulletShares 2024 Municipal Bond ETF by 1.7% during the third quarter. AA Financial Advisors LLC now owns 35,509 shares of the company’s stock valued at $881,000 after buying an additional 608 shares during the period. Addison Advisors LLC raised its stake in Invesco BulletShares 2024 Municipal Bond ETF by 10.2% in the third quarter. Addison Advisors LLC now owns 7,240 shares of the company’s stock worth $180,000 after buying an additional 670 shares in the last quarter. Captrust Financial Advisors raised its stake in Invesco BulletShares 2024 Municipal Bond ETF by 6.3% in the third quarter. Captrust Financial Advisors now owns 20,981 shares of the company’s stock worth $521,000 after buying an additional 1,235 shares in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in Invesco BulletShares 2024 Municipal Bond ETF by 3.5% during the third quarter. HighTower Advisors LLC now owns 51,299 shares of the company’s stock worth $1,271,000 after buying an additional 1,737 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.