Confluence Investment Management LLC Invests $5.51 Million in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP)

Confluence Investment Management LLC purchased a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 226,441 shares of the company’s stock, valued at approximately $5,512,000. Confluence Investment Management LLC owned approximately 2.60% of Invesco BulletShares 2025 Municipal Bond ETF as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of BSMP. Wells Fargo & Company MN boosted its position in Invesco BulletShares 2025 Municipal Bond ETF by 2.2% during the 4th quarter. Wells Fargo & Company MN now owns 399,018 shares of the company’s stock worth $9,790,000 after purchasing an additional 8,632 shares during the period. LPL Financial LLC boosted its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 10.6% in the 3rd quarter. LPL Financial LLC now owns 397,362 shares of the company’s stock worth $9,539,000 after acquiring an additional 38,038 shares during the period. CWM LLC grew its position in Invesco BulletShares 2025 Municipal Bond ETF by 0.6% in the fourth quarter. CWM LLC now owns 330,135 shares of the company’s stock valued at $8,100,000 after acquiring an additional 1,893 shares in the last quarter. UBS Group AG lifted its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 8.1% during the fourth quarter. UBS Group AG now owns 245,288 shares of the company’s stock worth $6,018,000 after purchasing an additional 18,390 shares in the last quarter. Finally, OneAscent Financial Services LLC purchased a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF in the fourth quarter valued at $4,434,000.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

Invesco BulletShares 2025 Municipal Bond ETF stock opened at $24.35 on Wednesday. Invesco BulletShares 2025 Municipal Bond ETF has a 12-month low of $23.83 and a 12-month high of $24.59. The firm’s fifty day moving average price is $24.29 and its 200 day moving average price is $24.39.

Invesco BulletShares 2025 Municipal Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, May 24th. Investors of record on Tuesday, May 21st were paid a $0.0526 dividend. This represents a $0.63 annualized dividend and a dividend yield of 2.59%. The ex-dividend date was Monday, May 20th.

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.