Raymond James Financial Inc. Lowers Stake in Invesco BulletShares 2025 Municipal Bond ETF $BSMP

Raymond James Financial Inc. lessened its position in shares of Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) by 5.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 136,189 shares of the company’s stock after selling 7,312 shares during the quarter. Raymond James Financial Inc. owned about 1.38% of Invesco BulletShares 2025 Municipal Bond ETF worth $3,334,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of BSMP. Ameriprise Financial Inc. raised its stake in shares of Invesco BulletShares 2025 Municipal Bond ETF by 34.1% during the 4th quarter. Ameriprise Financial Inc. now owns 14,686 shares of the company’s stock worth $360,000 after acquiring an additional 3,735 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 5.6% during the 4th quarter. Bank of America Corp DE now owns 334,029 shares of the company’s stock valued at $8,187,000 after purchasing an additional 17,727 shares during the last quarter. Cary Street Partners Financial LLC acquired a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF in the 4th quarter worth $213,000. Cetera Investment Advisers acquired a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF in the 4th quarter worth $335,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF in the 4th quarter worth $522,000.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

Invesco BulletShares 2025 Municipal Bond ETF stock opened at $24.53 on Monday. Invesco BulletShares 2025 Municipal Bond ETF has a 1-year low of $24.26 and a 1-year high of $24.77. The business has a fifty day moving average price of $24.50 and a 200-day moving average price of $24.49.

Invesco BulletShares 2025 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 22nd. Stockholders of record on Monday, August 18th were given a $0.0491 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%.

Invesco BulletShares 2025 Municipal Bond ETF 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.