Davis R M Inc. Acquires 232,560 Shares of Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Davis R M Inc. grew its holdings in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) by 122.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 422,068 shares of the company’s stock after purchasing an additional 232,560 shares during the quarter. Davis R M Inc.’s holdings in Invesco BulletShares 2031 Corporate Bond ETF were worth $6,947,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Ironwood Wealth Management LLC. increased its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 2.2% in the first quarter. Ironwood Wealth Management LLC. now owns 32,410 shares of the company’s stock valued at $533,000 after buying an additional 700 shares in the last quarter. Independence Bank of Kentucky raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 1.3% in the fourth quarter. Independence Bank of Kentucky now owns 76,281 shares of the company’s stock valued at $1,274,000 after buying an additional 973 shares during the last quarter. Capital Investment Advisors LLC raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 5.4% in the fourth quarter. Capital Investment Advisors LLC now owns 19,210 shares of the company’s stock valued at $321,000 after buying an additional 982 shares during the last quarter. G2 Capital Management LLC OH lifted its position in Invesco BulletShares 2031 Corporate Bond ETF by 1.1% during the 4th quarter. G2 Capital Management LLC OH now owns 88,164 shares of the company’s stock worth $1,472,000 after buying an additional 1,000 shares in the last quarter. Finally, ETF Store Inc. lifted its position in Invesco BulletShares 2031 Corporate Bond ETF by 6.5% during the 4th quarter. ETF Store Inc. now owns 18,196 shares of the company’s stock worth $304,000 after buying an additional 1,114 shares in the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCV opened at $16.22 on Thursday. Invesco BulletShares 2031 Corporate Bond ETF has a 12 month low of $16.21 and a 12 month high of $17.04. The company’s 50-day moving average price is $16.37 and its two-hundred day moving average price is $16.52.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, July 24th. Stockholders of record on Monday, July 20th will be given a dividend of $0.065 per share. The ex-dividend date is Monday, July 20th. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

Invesco BulletShares 2031 Corporate Bond ETF Profile

The Invesco BulletShares 2031 Corporate Bond ETF (BSCV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade corporate bonds with effective maturities in 2031. The fund will unwind in December 2031 and return capitals and proceeds to investors. BSCV was launched on Sep 15, 2021 and is managed by Invesco.