Horizons Wealth Management Makes New $3.63 Million Investment in Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Horizons Wealth Management purchased a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 230,415 shares of the company’s stock, valued at approximately $3,634,000. Invesco BulletShares 2031 Corporate Bond ETF makes up about 2.3% of Horizons Wealth Management’s portfolio, making the stock its 14th biggest holding.

Other large investors have also recently added to or reduced their stakes in the company. Eastern Bank bought a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at about $32,000. Ascentis Independent Advisors bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 1st quarter valued at about $35,000. Sarver Vrooman Wealth Advisors acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at about $71,000. Fifth Third Bancorp lifted its stake in Invesco BulletShares 2031 Corporate Bond ETF by 1,361.6% in the 1st quarter. Fifth Third Bancorp now owns 10,801 shares of the company’s stock valued at $178,000 after purchasing an additional 10,062 shares during the last quarter. Finally, Gateway Wealth Partners LLC acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 1st quarter valued at about $183,000.

Invesco BulletShares 2031 Corporate Bond ETF Trading Up 0.0%

Invesco BulletShares 2031 Corporate Bond ETF stock traded up $0.01 during midday trading on Monday, reaching $15.78. 184,501 shares of the company’s stock were exchanged, compared to its average volume of 541,965. The stock’s 50-day simple moving average is $16.12 and its 200 day simple moving average is $16.31. Invesco BulletShares 2031 Corporate Bond ETF has a 52 week low of $15.73 and a 52 week high of $17.04.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a $0.0634 dividend. The ex-dividend date of this dividend was Monday, September 21st. This is a negative change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.0672. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.8%.

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.