Cornerstone Wealth Management LLC Has $791,000 Holdings in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP)

Cornerstone Wealth Management LLC boosted its position in shares of Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) by 8.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,577 shares of the company’s stock after buying an additional 2,514 shares during the period. Cornerstone Wealth Management LLC owned approximately 0.37% of Invesco BulletShares 2025 Municipal Bond ETF worth $791,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. AA Financial Advisors LLC increased its stake in shares of Invesco BulletShares 2025 Municipal Bond ETF by 8.8% in the 2nd quarter. AA Financial Advisors LLC now owns 38,484 shares of the company’s stock valued at $935,000 after purchasing an additional 3,109 shares during the last quarter. Voisard Asset Management Group Inc. grew its position in Invesco BulletShares 2025 Municipal Bond ETF by 16.1% in the second quarter. Voisard Asset Management Group Inc. now owns 28,800 shares of the company’s stock valued at $700,000 after acquiring an additional 4,000 shares during the last quarter. Diversify Advisory Services LLC acquired a new position in Invesco BulletShares 2025 Municipal Bond ETF during the second quarter worth about $382,000. Webster Bank N. A. raised its stake in Invesco BulletShares 2025 Municipal Bond ETF by 45.6% during the second quarter. Webster Bank N. A. now owns 32,550 shares of the company’s stock worth $791,000 after acquiring an additional 10,195 shares in the last quarter. Finally, CRA Financial Services LLC bought a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF in the second quarter worth about $389,000.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

BSMP traded down $0.07 on Thursday, reaching $24.46. The stock had a trading volume of 40,841 shares, compared to its average volume of 39,404. The firm has a 50-day moving average of $24.41 and a 200-day moving average of $24.38. Invesco BulletShares 2025 Municipal Bond ETF has a fifty-two week low of $23.83 and a fifty-two week high of $24.59.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 26th. Shareholders of record on Monday, July 22nd were issued a dividend of $0.053 per share. The ex-dividend date of this dividend was Monday, July 22nd. This is an increase from Invesco BulletShares 2025 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.64 annualized dividend and a yield of 2.60%.

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.