Farnam Financial LLC acquired a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 256,341 shares of the company’s stock, valued at approximately $4,175,000. Invesco BulletShares 2030 Corporate Bond ETF accounts for about 3.0% of Farnam Financial LLC’s holdings, making the stock its 14th largest position. Farnam Financial LLC owned approximately 0.15% of Invesco BulletShares 2030 Corporate Bond ETF at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in BSCU. Horizons Wealth Management bought a new stake in Invesco BulletShares 2030 Corporate Bond ETF during the third quarter worth approximately $3,828,000. Parr Mcknight Wealth Management Group LLC boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 38.8% during the 1st quarter. Parr Mcknight Wealth Management Group LLC now owns 350,831 shares of the company’s stock valued at $5,866,000 after purchasing an additional 98,155 shares in the last quarter. Kinetic Wealth Investment Advisors LLC bought a new position in Invesco BulletShares 2030 Corporate Bond ETF during the 2nd quarter valued at $3,429,000. Baird Financial Group Inc. boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 30.8% during the 2nd quarter. Baird Financial Group Inc. now owns 1,306,797 shares of the company’s stock valued at $21,752,000 after purchasing an additional 307,396 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 4,863.7% during the 1st quarter. Fifth Third Bancorp now owns 41,397 shares of the company’s stock valued at $692,000 after purchasing an additional 40,563 shares in the last quarter.
Invesco BulletShares 2030 Corporate Bond ETF Stock Performance
Shares of BSCU stock opened at $16.19 on Wednesday. Invesco BulletShares 2030 Corporate Bond ETF has a 1 year low of $16.10 and a 1 year high of $17.03. The business’s fifty day moving average is $16.35 and its 200-day moving average is $16.55.
Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Monday, October 19th will be issued a $0.0635 dividend. This represents a $0.76 annualized dividend and a dividend yield of 4.7%. This is a positive change from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.0629. The ex-dividend date is Monday, October 19th.
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.
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