Tassel Capital Management Inc. Invests $400,000 in Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP)

Tassel Capital Management Inc. bought a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 16,324 shares of the company’s stock, valued at approximately $400,000. Invesco BulletShares 2025 Municipal Bond ETF makes up 0.4% of Tassel Capital Management Inc.’s holdings, making the stock its 23rd biggest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Atlantic Union Bankshares Corp raised its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 33.8% in the 4th quarter. Atlantic Union Bankshares Corp now owns 244,584 shares of the company’s stock valued at $5,995,000 after acquiring an additional 61,838 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Invesco BulletShares 2025 Municipal Bond ETF by 90.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 155,160 shares of the company’s stock worth $3,803,000 after purchasing an additional 73,590 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in Invesco BulletShares 2025 Municipal Bond ETF by 4.7% in the third quarter. Integrated Wealth Concepts LLC now owns 147,545 shares of the company’s stock valued at $3,613,000 after purchasing an additional 6,561 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Invesco BulletShares 2025 Municipal Bond ETF in the fourth quarter valued at approximately $3,517,000. Finally, Key Financial Inc lifted its position in Invesco BulletShares 2025 Municipal Bond ETF by 46.4% during the fourth quarter. Key Financial Inc now owns 127,435 shares of the company’s stock valued at $3,123,000 after purchasing an additional 40,395 shares during the last quarter.

Invesco BulletShares 2025 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMP opened at $24.48 on Monday. The company’s fifty day moving average price is $24.56 and its 200-day moving average price is $24.54. Invesco BulletShares 2025 Municipal Bond ETF has a one year low of $24.06 and a one year high of $24.77.

Invesco BulletShares 2025 Municipal Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were paid a $0.0511 dividend. The ex-dividend date was Monday, February 24th.

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.