Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) Shares Up 0.3% – Here’s Why

Shares of Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) shot up 0.3% during trading on Thursday . The stock traded as high as $23.67 and last traded at $23.67. 222,634 shares were traded during mid-day trading, an increase of 292% from the average session volume of 56,822 shares. The stock had previously closed at $23.61.

Invesco BulletShares 2026 Municipal Bond ETF Trading Up 0.0%

The firm’s fifty day simple moving average is $23.62 and its 200-day simple moving average is $23.58.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 28th. Investors of record on Monday, November 24th were issued a $0.0512 dividend. The ex-dividend date was Monday, November 24th. This represents a c) annualized dividend and a yield of 2.6%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC bought a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 2nd quarter valued at about $25,000. Anchor Investment Management LLC acquired a new position in Invesco BulletShares 2026 Municipal Bond ETF in the first quarter valued at approximately $71,000. Farther Finance Advisors LLC lifted its stake in Invesco BulletShares 2026 Municipal Bond ETF by 89.1% in the second quarter. Farther Finance Advisors LLC now owns 3,026 shares of the company’s stock valued at $71,000 after buying an additional 1,426 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 853.3% during the 3rd quarter. Geneos Wealth Management Inc. now owns 3,575 shares of the company’s stock worth $84,000 after buying an additional 3,200 shares in the last quarter. Finally, IFP Advisors Inc grew its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 221.4% during the 3rd quarter. IFP Advisors Inc now owns 3,629 shares of the company’s stock worth $86,000 after buying an additional 2,500 shares during the period.

About Invesco BulletShares 2026 Municipal Bond ETF

The Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) 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 2026. BSMQ was launched on Sep 25, 2019 and is managed by Invesco.