Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Stock Cross Above Fifty Day Moving Average – Should You Sell?

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $21.14 and traded as high as $21.41. Invesco BulletShares 2031 Municipal Bond ETF shares last traded at $21.30, with a volume of 11,365 shares trading hands.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

The stock’s 50 day moving average is $21.14 and its 200 day moving average is $21.14.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 18th were issued a $0.0545 dividend. The ex-dividend date of this dividend was Monday, November 18th.

Institutional Trading of Invesco BulletShares 2031 Municipal Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. First Command Advisory Services Inc. grew its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 82.2% during the 2nd quarter. First Command Advisory Services Inc. now owns 3,887 shares of the company’s stock valued at $81,000 after buying an additional 1,754 shares in the last quarter. Hobbs Group Advisors LLC bought a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the second quarter valued at approximately $152,000. Northwestern Mutual Wealth Management Co. grew its stake in Invesco BulletShares 2031 Municipal Bond ETF by 22.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,627 shares of the company’s stock valued at $223,000 after acquiring an additional 1,982 shares in the last quarter. Avior Wealth Management LLC bought a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the 3rd quarter worth approximately $245,000. Finally, Asset Dedication LLC lifted its stake in Invesco BulletShares 2031 Municipal Bond ETF by 14.5% in the 2nd quarter. Asset Dedication LLC now owns 12,445 shares of the company’s stock worth $261,000 after purchasing an additional 1,577 shares in the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Company Profile

The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) 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 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.