Commonwealth Equity Services LLC Raises Stock Position in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP)

Commonwealth Equity Services LLC raised its stake in shares of Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) by 106.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,729 shares of the company’s stock after purchasing an additional 66,512 shares during the period. Commonwealth Equity Services LLC owned 2.04% of Invesco BulletShares 2025 Municipal Bond ETF worth $3,159,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Almanack Investment Partners LLC. acquired a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF during the 3rd quarter worth about $25,000. Stonebridge Capital Advisors LLC purchased a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF in the first quarter valued at approximately $37,000. Capital Analysts LLC acquired a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF in the fourth quarter worth approximately $52,000. Tyler Stone Wealth Management purchased a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF during the fourth quarter worth approximately $97,000. Finally, OLD Second National Bank of Aurora raised its stake in Invesco BulletShares 2025 Municipal Bond ETF by 1,035.8% in the 1st quarter. OLD Second National Bank of Aurora now owns 5,838 shares of the company’s stock valued at $143,000 after purchasing an additional 5,324 shares during the last quarter.

Invesco BulletShares 2025 Municipal Bond ETF Stock Performance

Shares of BSMP stock opened at $24.25 on Tuesday. Invesco BulletShares 2025 Municipal Bond ETF has a fifty-two week low of $23.72 and a fifty-two week high of $24.83. The stock’s fifty day moving average is $24.30 and its two-hundred day moving average is $24.37.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 25th. Stockholders of record on Tuesday, August 22nd were paid a $0.0464 dividend. This is an increase from Invesco BulletShares 2025 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.56 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend was Monday, August 21st.

Invesco BulletShares 2025 Municipal Bond ETF Company Profile

The Invesco BulletShares 2025 Municipal Bond ETF (BSMP) 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 2025. BSMP was launched on Sep 25, 2019 and is managed by Invesco.