GPM Growth Investors Inc. acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV – Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 989,948 shares of the company’s stock, valued at approximately $15,611,000. Invesco BulletShares 2031 Corporate Bond ETF accounts for 6.7% of GPM Growth Investors Inc.’s investment portfolio, making the stock its 3rd largest position. GPM Growth Investors Inc. owned about 0.85% of Invesco BulletShares 2031 Corporate Bond ETF at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of BSCV. Bank of America Corp DE boosted its stake in Invesco BulletShares 2031 Corporate Bond ETF by 17.7% during the first quarter. Bank of America Corp DE now owns 2,048,401 shares of the company’s stock worth $33,717,000 after buying an additional 307,897 shares in the last quarter. Avior Wealth Management LLC bought a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at $40,945,000. NewEdge Advisors LLC increased its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 43.1% in the 1st quarter. NewEdge Advisors LLC now owns 125,177 shares of the company’s stock valued at $2,060,000 after buying an additional 37,709 shares during the period. Baird Financial Group Inc. raised its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 6.8% in the 2nd quarter. Baird Financial Group Inc. now owns 1,054,065 shares of the company’s stock valued at $17,271,000 after buying an additional 66,855 shares in the last quarter. Finally, Horizons Wealth Management acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF in the third quarter worth about $3,634,000.
Invesco BulletShares 2031 Corporate Bond ETF Price Performance
Shares of BSCV opened at $16.01 on Thursday. The stock has a 50 day simple moving average of $15.95 and a 200-day simple moving average of $16.34. Invesco BulletShares 2031 Corporate Bond ETF has a 1 year low of $15.73 and a 1 year high of $16.82.
Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were issued a dividend of $0.0650 per share. The ex-dividend date of this dividend was Monday, October 19th. This represents a $0.78 annualized dividend and a yield of 4.9%. This is an increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.0634.
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.
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