Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR) Stock Price Break Above 200-Day Moving Average – Should You Sell?

Invesco BulletShares 2027 Municipal Bond ETF (NASDAQ:BSMR)’s stock price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $23.60 and traded as high as $23.63. Invesco BulletShares 2027 Municipal Bond ETF shares last traded at $23.62, with a volume of 112,504 shares.

Invesco BulletShares 2027 Municipal Bond ETF Stock Down 0.2%

The stock has a 50 day simple moving average of $23.43 and a 200-day simple moving average of $23.60.

Invesco BulletShares 2027 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were given a $0.0565 dividend. This is a boost from Invesco BulletShares 2027 Municipal Bond ETF’s previous monthly dividend of $0.0530. This represents a $0.68 annualized dividend and a yield of 2.9%. The ex-dividend date was Monday, October 19th.

Institutional Investors Weigh In On Invesco BulletShares 2027 Municipal Bond ETF

A number of hedge funds have recently bought and sold shares of BSMR. Latitude Advisors LLC purchased a new position in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter worth $174,000. Anchor Investment Management LLC increased its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 32.3% in the 2nd quarter. Anchor Investment Management LLC now owns 8,200 shares of the company’s stock worth $194,000 after buying an additional 2,000 shares during the last quarter. Addison Advisors LLC increased its holdings in shares of Invesco BulletShares 2027 Municipal Bond ETF by 16.1% in the 3rd quarter. Addison Advisors LLC now owns 8,618 shares of the company’s stock worth $200,000 after buying an additional 1,196 shares during the last quarter. Sensible Money LLC bought a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF in the 3rd quarter worth about $205,000. Finally, BCS Wealth Management purchased a new stake in shares of Invesco BulletShares 2027 Municipal Bond ETF during the 3rd quarter valued at about $245,000.

About Invesco BulletShares 2027 Municipal Bond ETF

The Invesco BulletShares 2027 Municipal Bond ETF (BSMR) 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 2027. BSMR was launched on Sep 25, 2019 and is managed by Invesco.