Commonwealth Equity Services LLC Has $6.83 Million Position in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP)

Commonwealth Equity Services LLC cut its position in shares of Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 278,607 shares of the company’s stock after selling 12,995 shares during the quarter. Commonwealth Equity Services LLC owned 2.70% of Invesco BulletShares 2025 Municipal Bond ETF worth $6,829,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans boosted its stake in Invesco BulletShares 2025 Municipal Bond ETF by 33.9% during the third quarter. Thrivent Financial for Lutherans now owns 29,948 shares of the company’s stock worth $734,000 after buying an additional 7,580 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 28.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 81,570 shares of the company’s stock worth $1,998,000 after acquiring an additional 17,955 shares during the period. Meridian Wealth Management LLC boosted its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 19.3% during the 3rd quarter. Meridian Wealth Management LLC now owns 30,545 shares of the company’s stock valued at $748,000 after acquiring an additional 4,935 shares in the last quarter. Atlantic Union Bankshares Corp increased its stake in Invesco BulletShares 2025 Municipal Bond ETF by 36.4% in the third quarter. Atlantic Union Bankshares Corp now owns 182,746 shares of the company’s stock valued at $4,475,000 after acquiring an additional 48,727 shares during the period. Finally, Captrust Financial Advisors raised its position in Invesco BulletShares 2025 Municipal Bond ETF by 6.4% in the third quarter. Captrust Financial Advisors now owns 21,340 shares of the company’s stock worth $523,000 after purchasing an additional 1,291 shares in the last quarter.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

NASDAQ BSMP opened at $24.47 on Friday. Invesco BulletShares 2025 Municipal Bond ETF has a 1-year low of $24.06 and a 1-year high of $24.77. The stock’s 50 day moving average is $24.55 and its two-hundred day moving average is $24.54.

Invesco BulletShares 2025 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were paid a dividend of $0.0511 per share. The ex-dividend date was Monday, February 24th.

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.