Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) Sees Large Decrease in Short Interest

Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 23,200 shares, a decrease of 5.3% from the August 15th total of 24,500 shares. Based on an average daily trading volume, of 38,700 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On Invesco BulletShares 2025 Municipal Bond ETF

A number of hedge funds have recently bought and sold shares of BSMP. Paulson Wealth Management Inc. grew its stake in shares of Invesco BulletShares 2025 Municipal Bond ETF by 13.1% in the 4th quarter. Paulson Wealth Management Inc. now owns 27,231 shares of the company’s stock worth $668,000 after buying an additional 3,162 shares in the last quarter. UBS Group AG raised its position in 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 valued at $6,018,000 after purchasing an additional 18,390 shares during the period. Aptus Capital Advisors LLC lifted its stake in shares of Invesco BulletShares 2025 Municipal Bond ETF by 3.3% in the 2nd quarter. Aptus Capital Advisors LLC now owns 65,138 shares of the company’s stock valued at $1,582,000 after purchasing an additional 2,065 shares during the last quarter. Parallel Advisors LLC bought a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF during the 4th quarter valued at approximately $74,000. Finally, Wells Fargo & Company MN increased its position in shares of 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 valued at $9,790,000 after purchasing an additional 8,632 shares during the last quarter.

Invesco BulletShares 2025 Municipal Bond ETF Stock Performance

NASDAQ BSMP opened at $24.52 on Wednesday. Invesco BulletShares 2025 Municipal Bond ETF has a 1-year low of $23.83 and a 1-year high of $24.67. The business has a 50 day simple moving average of $24.51 and a two-hundred day simple moving average of $24.38.

Invesco BulletShares 2025 Municipal Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were given a $0.053 dividend. This represents a $0.64 annualized dividend and a yield of 2.59%. The ex-dividend date was Monday, August 19th.

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.