PNC Financial Services Group Inc. Sells 88,064 Shares of Invesco BulletShares 2025 Municipal Bond ETF $BSMP

PNC Financial Services Group Inc. lowered its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF (NASDAQ:BSMP) by 56.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,026 shares of the company’s stock after selling 88,064 shares during the quarter. PNC Financial Services Group Inc. owned about 0.72% of Invesco BulletShares 2025 Municipal Bond ETF worth $1,645,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its holdings in Invesco BulletShares 2025 Municipal Bond ETF by 136.9% during the second quarter. Farther Finance Advisors LLC now owns 2,369 shares of the company’s stock valued at $58,000 after buying an additional 1,369 shares in the last quarter. MAI Capital Management increased its holdings in shares of Invesco BulletShares 2025 Municipal Bond ETF by 60.5% during the 1st quarter. MAI Capital Management now owns 2,537 shares of the company’s stock valued at $62,000 after acquiring an additional 956 shares during the last quarter. Anchor Investment Management LLC bought a new position in shares of Invesco BulletShares 2025 Municipal Bond ETF in the 1st quarter valued at approximately $73,000. Clark Asset Management LLC acquired a new stake in Invesco BulletShares 2025 Municipal Bond ETF in the 2nd quarter worth approximately $247,000. Finally, Koss Olinger Consulting LLC bought a new stake in Invesco BulletShares 2025 Municipal Bond ETF during the first quarter worth approximately $254,000.

Invesco BulletShares 2025 Municipal Bond ETF Trading Up 0.0%

Shares of BSMP stock opened at $24.54 on Thursday. Invesco BulletShares 2025 Municipal Bond ETF has a 12 month low of $24.26 and a 12 month high of $24.77. The business’s 50 day moving average is $24.52 and its two-hundred day moving average is $24.51.

Invesco BulletShares 2025 Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 24th. Investors of record on Monday, October 20th were issued a $0.0492 dividend. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date was Monday, October 20th.

Invesco BulletShares 2025 Municipal Bond ETF 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.