NewEdge Advisors LLC Boosts Position in Invesco BulletShares 2025 Municipal Bond ETF $BSMP

NewEdge Advisors LLC boosted its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) by 23.1% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 141,207 shares of the company’s stock after purchasing an additional 26,472 shares during the quarter. NewEdge Advisors LLC’s holdings in Invesco BulletShares 2025 Municipal Bond ETF were worth $3,457,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Wayfinding Financial LLC purchased a new position in Invesco BulletShares 2025 Municipal Bond ETF during the 1st quarter worth approximately $34,000. MAI Capital Management raised its position in Invesco BulletShares 2025 Municipal Bond ETF by 60.5% during the 1st quarter. MAI Capital Management now owns 2,537 shares of the company’s stock worth $62,000 after buying an additional 956 shares during the last quarter. Larson Financial Group LLC purchased a new position in Invesco BulletShares 2025 Municipal Bond ETF during the 1st quarter worth approximately $126,000. Koss Olinger Consulting LLC purchased a new position in Invesco BulletShares 2025 Municipal Bond ETF during the 1st quarter worth approximately $254,000. Finally, Signaturefd LLC raised its position in Invesco BulletShares 2025 Municipal Bond ETF by 27.2% during the 1st quarter. Signaturefd LLC now owns 11,417 shares of the company’s stock worth $279,000 after buying an additional 2,441 shares during the last quarter.

Invesco BulletShares 2025 Municipal Bond ETF Stock Down 0.1%

NASDAQ:BSMP opened at $24.52 on Wednesday. The company has a 50 day moving average price of $24.50 and a 200-day moving average price of $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 Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 22nd. Stockholders of record on Monday, August 18th were issued a dividend of $0.0491 per share. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Monday, August 18th.

About Invesco BulletShares 2025 Municipal Bond ETF

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.