Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) Stock Price Down 0.4% – Should You Sell?

Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) shares were down 0.4% on Monday . The stock traded as low as $25.63 and last traded at $25.64. Approximately 44,500 shares were traded during mid-day trading, an increase of 86% from the average daily volume of 23,961 shares. The stock had previously closed at $25.74.

Invesco BulletShares 2033 Municipal Bond ETF Stock Performance

The stock’s 50 day moving average is $25.69 and its 200-day moving average is $25.79.

Invesco BulletShares 2033 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a $0.0719 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Monday, June 22nd. This is a positive change from Invesco BulletShares 2033 Municipal Bond ETF’s previous monthly dividend of $0.07.

Institutional Investors Weigh In On Invesco BulletShares 2033 Municipal Bond ETF

Several large investors have recently added to or reduced their stakes in BSSX. Osaic Holdings Inc. raised its stake in shares of Invesco BulletShares 2033 Municipal Bond ETF by 23.6% in the second quarter. Osaic Holdings Inc. now owns 3,592 shares of the company’s stock valued at $90,000 after acquiring an additional 686 shares during the period. MML Investors Services LLC boosted its stake in shares of Invesco BulletShares 2033 Municipal Bond ETF by 8.0% during the 4th quarter. MML Investors Services LLC now owns 11,941 shares of the company’s stock worth $309,000 after purchasing an additional 888 shares during the period. Asset Dedication LLC boosted its stake in shares of Invesco BulletShares 2033 Municipal Bond ETF by 4.0% during the 4th quarter. Asset Dedication LLC now owns 34,139 shares of the company’s stock worth $883,000 after purchasing an additional 1,301 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco BulletShares 2033 Municipal Bond ETF by 7.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 21,485 shares of the company’s stock valued at $555,000 after purchasing an additional 1,491 shares during the last quarter. Finally, D.A. Davidson & CO. grew its holdings in Invesco BulletShares 2033 Municipal Bond ETF by 15.4% during the 4th quarter. D.A. Davidson & CO. now owns 12,350 shares of the company’s stock valued at $319,000 after purchasing an additional 1,650 shares during the last quarter.

About Invesco BulletShares 2033 Municipal Bond ETF

The Invesco BulletShares 2033 Municipal Bond ETF (BSSX) 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 2033. BSSX was launched on Sep 20, 2023 and is issued by Invesco.