Independent Advisor Alliance Invests $686,000 in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP)

Independent Advisor Alliance acquired a new position in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 27,968 shares of the company’s stock, valued at approximately $686,000. Independent Advisor Alliance owned approximately 0.27% of Invesco BulletShares 2025 Municipal Bond ETF at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Tassel Capital Management Inc. purchased a new stake in Invesco BulletShares 2025 Municipal Bond ETF in the fourth quarter worth about $400,000. Voisard Asset Management Group Inc. raised its stake in Invesco BulletShares 2025 Municipal Bond ETF by 11.1% during the 4th quarter. Voisard Asset Management Group Inc. now owns 32,616 shares of the company’s stock worth $799,000 after acquiring an additional 3,262 shares during the period. Atlantic Union Bankshares Corp lifted its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 33.8% during the fourth quarter. Atlantic Union Bankshares Corp now owns 244,584 shares of the company’s stock valued at $5,995,000 after purchasing an additional 61,838 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 90.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 155,160 shares of the company’s stock worth $3,803,000 after purchasing an additional 73,590 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Invesco BulletShares 2025 Municipal Bond ETF in the fourth quarter worth $3,517,000.

Invesco BulletShares 2025 Municipal Bond ETF Stock Performance

BSMP opened at $24.48 on Monday. The firm’s fifty day moving average is $24.56 and its 200 day moving average is $24.54. Invesco BulletShares 2025 Municipal Bond ETF has a fifty-two week low of $24.06 and a fifty-two week high of $24.77.

Invesco BulletShares 2025 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were given a $0.0511 dividend. The ex-dividend date of this dividend 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.