Focus Financial Network Inc. Has $2.62 Million Holdings in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP)

Focus Financial Network Inc. raised its position in shares of Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) by 98.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 106,671 shares of the company’s stock after purchasing an additional 52,956 shares during the quarter. Focus Financial Network Inc. owned approximately 1.04% of Invesco BulletShares 2025 Municipal Bond ETF worth $2,615,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BSMP. Asset Dedication LLC increased its position in Invesco BulletShares 2025 Municipal Bond ETF by 5.1% during the 3rd quarter. Asset Dedication LLC now owns 97,811 shares of the company’s stock valued at $2,395,000 after purchasing an additional 4,705 shares during the period. Sentinel Pension Advisors Inc. increased its position in Invesco BulletShares 2025 Municipal Bond ETF by 9.5% during the 3rd quarter. Sentinel Pension Advisors Inc. now owns 29,390 shares of the company’s stock valued at $720,000 after purchasing an additional 2,562 shares during the period. Cornerstone Wealth Management LLC increased its position in Invesco BulletShares 2025 Municipal Bond ETF by 5.3% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 34,293 shares of the company’s stock valued at $840,000 after purchasing an additional 1,716 shares during the period. Claro Advisors LLC increased its position in Invesco BulletShares 2025 Municipal Bond ETF by 400.6% during the 3rd quarter. Claro Advisors LLC now owns 44,367 shares of the company’s stock valued at $1,087,000 after purchasing an additional 35,505 shares during the period. Finally, Precedent Wealth Partners LLC increased its position in Invesco BulletShares 2025 Municipal Bond ETF by 20.7% during the 3rd quarter. Precedent Wealth Partners LLC now owns 63,891 shares of the company’s stock valued at $1,565,000 after purchasing an additional 10,965 shares during the period.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

Shares of BSMP stock opened at $24.57 on Wednesday. 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 $24.55 and a 200-day moving average of $24.53.

Invesco BulletShares 2025 Municipal Bond ETF Increases Dividend

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

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.