Raymond James Financial Inc. Makes New $3.52 Million Investment in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP)

Raymond James Financial Inc. purchased a new stake in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 143,501 shares of the company’s stock, valued at approximately $3,517,000.

Several other hedge funds have also bought and sold shares of BSMP. Principal Securities Inc. grew its stake in shares of Invesco BulletShares 2025 Municipal Bond ETF by 1,420.0% in the 4th quarter. Principal Securities Inc. now owns 3,800 shares of the company’s stock worth $93,000 after buying an additional 3,550 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 116.0% during the fourth quarter. Jones Financial Companies Lllp now owns 4,740 shares of the company’s stock valued at $116,000 after buying an additional 2,546 shares during the period. Crews Bank & Trust purchased a new position in Invesco BulletShares 2025 Municipal Bond ETF during the 4th quarter valued at $198,000. Choreo LLC grew its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 19.5% in the fourth quarter. Choreo LLC now owns 10,264 shares of the company’s stock worth $252,000 after purchasing an additional 1,674 shares during the last quarter. Finally, Sigma Planning Corp bought a new position in Invesco BulletShares 2025 Municipal Bond ETF in the fourth quarter worth approximately $265,000.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMP opened at $24.46 on Friday. Invesco BulletShares 2025 Municipal Bond ETF has a 52 week low of $24.06 and a 52 week high of $24.77. The firm has a 50 day moving average of $24.54 and a 200 day moving average of $24.53.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

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