2,460,907 Shares in Invesco BulletShares 2031 Corporate Bond ETF $BSCV Acquired by Hengehold Capital Management LLC

Hengehold Capital Management LLC bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) in the third quarter, HoldingsChannel reports. The institutional investor bought 2,460,907 shares of the company’s stock, valued at approximately $38,809,000. Invesco BulletShares 2031 Corporate Bond ETF makes up about 3.0% of Hengehold Capital Management LLC’s portfolio, making the stock its 8th largest position.

Several other institutional investors have also added to or reduced their stakes in the business. Legacy Wealth Partners LLC purchased a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter worth $286,000. Whitener Capital Management Inc. purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter worth $702,000. YANKCOM Partnership purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter worth $280,000. Waycross Investment Management Co purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter worth $5,979,000. Finally, JM2 Capital Inc. bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter worth $393,000.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

Invesco BulletShares 2031 Corporate Bond ETF stock traded down $0.01 during trading on Friday, reaching $15.92. The company had a trading volume of 554,029 shares, compared to its average volume of 550,026. The firm’s 50-day simple moving average is $16.04 and its 200 day simple moving average is $16.27. Invesco BulletShares 2031 Corporate Bond ETF has a 52 week low of $15.73 and a 52 week high of $16.82.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a dividend of $0.0634 per share. This is a drop from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.0672. This represents a $0.76 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Monday, September 21st.

Invesco BulletShares 2031 Corporate Bond ETF Company 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.