Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) Shares Up 0.1% – Here’s What Happened

Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) rose 0.1% during trading on Friday . The company traded as high as $24.89 and last traded at $24.88. Approximately 97,500 shares were traded during trading, an increase of 147% from the average daily volume of 39,493 shares. The stock had previously closed at $24.86.

Invesco BulletShares 2024 Municipal Bond ETF Stock Performance

The business’s 50 day moving average price is $24.85 and its 200 day moving average price is $24.84.

Invesco BulletShares 2024 Municipal Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 17th. Investors of record on Friday, December 13th were given a dividend of $0.0069 per share. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On Invesco BulletShares 2024 Municipal Bond ETF

A number of large investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco BulletShares 2024 Municipal Bond ETF by 72.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,247 shares of the company’s stock worth $875,000 after purchasing an additional 14,749 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Invesco BulletShares 2024 Municipal Bond ETF by 12.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 92,715 shares of the company’s stock worth $2,301,000 after buying an additional 10,497 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Invesco BulletShares 2024 Municipal Bond ETF by 10.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 73,453 shares of the company’s stock worth $1,823,000 after buying an additional 6,671 shares in the last quarter. MONECO Advisors LLC raised its holdings in shares of Invesco BulletShares 2024 Municipal Bond ETF by 40.8% during the third quarter. MONECO Advisors LLC now owns 21,971 shares of the company’s stock valued at $545,000 after acquiring an additional 6,371 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in shares of Invesco BulletShares 2024 Municipal Bond ETF by 23.6% in the third quarter. Thrivent Financial for Lutherans now owns 32,947 shares of the company’s stock valued at $817,000 after acquiring an additional 6,298 shares in the last quarter.

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.