Clark Asset Management LLC Buys 114,124 Shares of Invesco BulletShares 2030 Corporate Bond ETF $BSCU

Clark Asset Management LLC boosted its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 22.8% in the second quarter, Holdings Channel reports. The institutional investor owned 614,529 shares of the company’s stock after purchasing an additional 114,124 shares during the period. Invesco BulletShares 2030 Corporate Bond ETF accounts for approximately 1.4% of Clark Asset Management LLC’s portfolio, making the stock its 19th biggest position. Clark Asset Management LLC’s holdings in Invesco BulletShares 2030 Corporate Bond ETF were worth $10,312,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in BSCU. Aptus Capital Advisors LLC boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 12.5% during the 1st quarter. Aptus Capital Advisors LLC now owns 7,453,803 shares of the company’s stock valued at $123,659,000 after purchasing an additional 828,192 shares during the last quarter. IMA Advisory Services Inc. boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 158.6% during the 1st quarter. IMA Advisory Services Inc. now owns 1,246,581 shares of the company’s stock valued at $20,681,000 after purchasing an additional 764,578 shares during the last quarter. Baird Financial Group Inc. boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 1,426.9% during the 1st quarter. Baird Financial Group Inc. now owns 788,983 shares of the company’s stock valued at $13,089,000 after purchasing an additional 737,312 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 17.9% during the 1st quarter. Raymond James Financial Inc. now owns 4,487,868 shares of the company’s stock valued at $74,454,000 after purchasing an additional 680,650 shares during the last quarter. Finally, TruWealth Advisors LLC boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 14.4% during the 2nd quarter. TruWealth Advisors LLC now owns 3,883,937 shares of the company’s stock valued at $65,172,000 after purchasing an additional 488,551 shares during the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

Shares of BSCU opened at $16.97 on Tuesday. The business’s fifty day simple moving average is $16.93 and its two-hundred day simple moving average is $16.75. Invesco BulletShares 2030 Corporate Bond ETF has a 12 month low of $16.17 and a 12 month high of $17.06.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 24th. Shareholders of record on Monday, October 20th were paid a dividend of $0.0629 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Monday, October 20th.

About Invesco BulletShares 2030 Corporate Bond ETF

The Invesco BulletShares 2030 Corporate Bond ETF (BSCU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate investment grade bonds with effective maturities in 2030. BSCU was launched on Sep 16, 2020 and is managed by Invesco.