58,504 Shares of Invesco BulletShares 2030 Corporate Bond ETF $BSCU Purchased by Western Financial Corp CA

Western Financial Corp CA acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 58,504 shares of the company’s stock, valued at approximately $944,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Waverly Advisors LLC raised its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 21,913.5% during the second quarter. Waverly Advisors LLC now owns 5,572,712 shares of the company’s stock valued at $92,758,000 after acquiring an additional 5,547,397 shares during the period. Cvfg LLC purchased a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 1st quarter valued at approximately $11,210,000. Lido Advisors LLC lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 7.5% in the 1st quarter. Lido Advisors LLC now owns 8,438,015 shares of the company’s stock valued at $141,076,000 after acquiring an additional 587,893 shares in the last quarter. Decker Wealth Management LLC acquired a new position in Invesco BulletShares 2030 Corporate Bond ETF in the 1st quarter worth approximately $7,192,000. Finally, Cornerstone Planning LLC acquired a new position in Invesco BulletShares 2030 Corporate Bond ETF in the 4th quarter worth approximately $7,228,000.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

NASDAQ BSCU remained flat at $16.22 on Wednesday. 834,270 shares of the company’s stock traded hands, compared to its average volume of 703,053. Invesco BulletShares 2030 Corporate Bond ETF has a 12-month low of $16.10 and a 12-month high of $17.03. The business’s 50-day moving average price is $16.38 and its 200-day moving average price is $16.56.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a $0.0629 dividend. This represents a $0.75 annualized dividend and a dividend yield of 4.7%. This is a drop from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.0653. The ex-dividend date of this dividend was Monday, September 21st.

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.