StoneX Group Inc. Invests $635,000 in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP)

StoneX Group Inc. purchased a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 25,909 shares of the company’s stock, valued at approximately $635,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Principal Securities Inc. grew its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 1,420.0% during the fourth quarter. Principal Securities Inc. now owns 3,800 shares of the company’s stock valued at $93,000 after purchasing an additional 3,550 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 116.0% during the 4th quarter. Jones Financial Companies Lllp now owns 4,740 shares of the company’s stock worth $116,000 after buying an additional 2,546 shares during the period. Crews Bank & Trust acquired a new position in Invesco BulletShares 2025 Municipal Bond ETF in the 4th quarter valued at $198,000. Signaturefd LLC lifted its position in Invesco BulletShares 2025 Municipal Bond ETF by 33.2% during the 4th quarter. Signaturefd LLC now owns 8,976 shares of the company’s stock worth $220,000 after acquiring an additional 2,236 shares during the last quarter. Finally, Choreo LLC boosted its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 19.5% during the fourth quarter. Choreo LLC now owns 10,264 shares of the company’s stock valued at $252,000 after acquiring an additional 1,674 shares during the period.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMP opened at $24.49 on Thursday. The stock’s 50-day moving average is $24.54 and its 200-day moving average is $24.53. Invesco BulletShares 2025 Municipal Bond ETF has a 52-week low of $24.06 and a 52-week high of $24.77.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.0514 dividend. This is an increase from Invesco BulletShares 2025 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 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.