Hobbs Group Advisors LLC Sells 17,938 Shares of Invesco BulletShares 2025 Municipal Bond ETF $BSMP

Hobbs Group Advisors LLC reduced its position in shares of Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) by 53.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 15,569 shares of the company’s stock after selling 17,938 shares during the quarter. Hobbs Group Advisors LLC’s holdings in Invesco BulletShares 2025 Municipal Bond ETF were worth $382,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wayfinding Financial LLC bought a new stake in Invesco BulletShares 2025 Municipal Bond ETF during the first quarter worth $34,000. Farther Finance Advisors LLC raised its position in Invesco BulletShares 2025 Municipal Bond ETF by 136.9% during the second quarter. Farther Finance Advisors LLC now owns 2,369 shares of the company’s stock worth $58,000 after acquiring an additional 1,369 shares in the last quarter. MAI Capital Management raised its position in Invesco BulletShares 2025 Municipal Bond ETF by 60.5% during the first quarter. MAI Capital Management now owns 2,537 shares of the company’s stock worth $62,000 after acquiring an additional 956 shares in the last quarter. Anchor Investment Management LLC bought a new stake in Invesco BulletShares 2025 Municipal Bond ETF during the first quarter worth $73,000. Finally, Larson Financial Group LLC bought a new stake in Invesco BulletShares 2025 Municipal Bond ETF during the first quarter worth $126,000.

Invesco BulletShares 2025 Municipal Bond ETF Stock Up 0.1%

NASDAQ BSMP opened at $24.54 on Friday. The firm’s fifty day moving average price is $24.51 and its two-hundred day moving average price is $24.49. Invesco BulletShares 2025 Municipal Bond ETF has a 1 year low of $24.26 and a 1 year high of $24.77.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a $0.051 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This is a boost from Invesco BulletShares 2025 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) annualized dividend and a dividend yield of 2.5%.

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.