Howard Wealth Management LLC Raises Stock Position in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP)

Howard Wealth Management LLC raised its stake in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) by 18.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,185 shares of the company’s stock after buying an additional 1,880 shares during the period. Howard Wealth Management LLC owned approximately 0.12% of Invesco BulletShares 2025 Municipal Bond ETF worth $299,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Collier Financial purchased a new position in Invesco BulletShares 2025 Municipal Bond ETF in the fourth quarter valued at about $326,000. Focus Financial Network Inc. increased its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 98.6% in the fourth quarter. Focus Financial Network Inc. now owns 106,671 shares of the company’s stock valued at $2,615,000 after buying an additional 52,956 shares in the last quarter. Stephens Inc. AR purchased a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF during the 4th quarter worth approximately $591,000. AlphaStar Capital Management LLC increased its stake in shares of Invesco BulletShares 2025 Municipal Bond ETF by 11.8% during the 4th quarter. AlphaStar Capital Management LLC now owns 48,012 shares of the company’s stock worth $1,177,000 after purchasing an additional 5,050 shares in the last quarter. Finally, YANKCOM Partnership purchased a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF during the 4th quarter worth approximately $389,000.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

Shares of BSMP opened at $24.59 on Friday. The firm has a 50 day simple moving average of $24.55 and a 200-day simple moving average of $24.53. Invesco BulletShares 2025 Municipal Bond ETF has a 1-year low of $24.06 and a 1-year high of $24.77.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were paid a dividend of $0.0525 per share. This is a boost from Invesco BulletShares 2025 Municipal Bond ETF’s previous dividend of $0.05. The ex-dividend date was Tuesday, January 21st.

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.