Invesco BulletShares 2031 Corporate Bond ETF $BSCV Stock: Straight Path Wealth Management Grows Holdings

Straight Path Wealth Management grew its position in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) by 13.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 298,604 shares of the company’s stock after purchasing an additional 34,883 shares during the quarter. Invesco BulletShares 2031 Corporate Bond ETF makes up about 1.0% of Straight Path Wealth Management’s holdings, making the stock its 18th largest position. Straight Path Wealth Management’s holdings in Invesco BulletShares 2031 Corporate Bond ETF were worth $4,709,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Sowell Financial Services LLC purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at about $171,000. Capital Investment Advisors LLC purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter worth approximately $332,000. Opulen Financial Group LLC purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter worth approximately $3,284,000. Pinnacle Bancorp Inc. acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth approximately $278,000. Finally, Axxcess Wealth Management LLC acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth approximately $297,000.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

Shares of NASDAQ BSCV opened at $15.90 on Monday. Invesco BulletShares 2031 Corporate Bond ETF has a twelve month low of $15.73 and a twelve month high of $16.82. The stock has a 50 day moving average of $16.00 and a two-hundred day moving average of $16.25.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were given a dividend of $0.0650 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 4.9%. This is a boost from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.0634. The ex-dividend date was Monday, October 19th.

About Invesco BulletShares 2031 Corporate Bond ETF

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.