Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS) Stock Cross Above Two Hundred Day Moving Average – Here’s What Happened

Invesco BulletShares 2028 Municipal Bond ETF (NASDAQ:BSMS)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $23.39 and traded as high as $23.68. Invesco BulletShares 2028 Municipal Bond ETF shares last traded at $23.57, with a volume of 20,458 shares.

Invesco BulletShares 2028 Municipal Bond ETF Trading Up 0.0 %

The business’s 50 day moving average price is $23.46 and its 200-day moving average price is $23.39.

Invesco BulletShares 2028 Municipal Bond ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were given a dividend of $0.0547 per share. The ex-dividend date was Monday, November 18th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Avior Wealth Management LLC grew its position in Invesco BulletShares 2028 Municipal Bond ETF by 12.7% during the third quarter. Avior Wealth Management LLC now owns 5,642 shares of the company’s stock worth $133,000 after buying an additional 637 shares during the period. Captrust Financial Advisors grew its position in Invesco BulletShares 2028 Municipal Bond ETF by 12.4% during the third quarter. Captrust Financial Advisors now owns 11,566 shares of the company’s stock worth $273,000 after buying an additional 1,280 shares during the period. MML Investors Services LLC grew its position in Invesco BulletShares 2028 Municipal Bond ETF by 3.3% during the third quarter. MML Investors Services LLC now owns 45,636 shares of the company’s stock worth $1,076,000 after buying an additional 1,476 shares during the period. First Command Advisory Services Inc. grew its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 73.7% in the second quarter. First Command Advisory Services Inc. now owns 3,734 shares of the company’s stock valued at $87,000 after purchasing an additional 1,584 shares during the last quarter. Finally, Hobbs Group Advisors LLC grew its position in shares of Invesco BulletShares 2028 Municipal Bond ETF by 7.9% in the third quarter. Hobbs Group Advisors LLC now owns 34,980 shares of the company’s stock valued at $825,000 after purchasing an additional 2,574 shares during the last quarter.

About Invesco BulletShares 2028 Municipal Bond ETF

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.