Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) Stock Price Up 0.2% – Still a Buy?

Shares of Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) were up 0.2% during mid-day trading on Thursday . The company traded as high as $24.70 and last traded at $24.63. Approximately 29,241 shares traded hands during trading, an increase of 57% from the average daily volume of 18,664 shares. The stock had previously closed at $24.59.

Invesco BulletShares 2034 Municipal Bond ETF Stock Up 0.0%

The business has a fifty day moving average price of $24.63 and a 200 day moving average price of $24.11.

Invesco BulletShares 2034 Municipal Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 28th. Shareholders of record on Monday, November 24th were paid a $0.0789 dividend. The ex-dividend date was Monday, November 24th. This is a positive change from Invesco BulletShares 2034 Municipal Bond ETF’s previous dividend of $0.06.

Hedge Funds Weigh In On Invesco BulletShares 2034 Municipal Bond ETF

Several hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. raised its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 44.4% in the second quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock valued at $55,000 after purchasing an additional 720 shares during the last quarter. First Command Advisory Services Inc. increased its stake in Invesco BulletShares 2034 Municipal Bond ETF by 30.1% in the 3rd quarter. First Command Advisory Services Inc. now owns 5,116 shares of the company’s stock valued at $124,000 after buying an additional 1,184 shares during the last quarter. Addison Advisors LLC increased its stake in Invesco BulletShares 2034 Municipal Bond ETF by 20.9% in the 3rd quarter. Addison Advisors LLC now owns 20,997 shares of the company’s stock valued at $511,000 after buying an additional 3,630 shares during the last quarter. Asset Dedication LLC lifted its position in Invesco BulletShares 2034 Municipal Bond ETF by 26.8% during the 3rd quarter. Asset Dedication LLC now owns 19,930 shares of the company’s stock worth $485,000 after buying an additional 4,216 shares in the last quarter. Finally, Key Financial Inc acquired a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF during the 3rd quarter worth about $115,000.

About Invesco BulletShares 2034 Municipal Bond ETF

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.