Park Avenue Securities LLC Makes New Investment in Invesco BulletShares 2033 Corporate Bond ETF $BSCX

Park Avenue Securities LLC purchased a new stake in Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 163,020 shares of the company’s stock, valued at approximately $3,260,000. Park Avenue Securities LLC owned approximately 0.30% of Invesco BulletShares 2033 Corporate Bond ETF at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in BSCX. Baird Financial Group Inc. lifted its holdings in Invesco BulletShares 2033 Corporate Bond ETF by 17.4% during the 2nd quarter. Baird Financial Group Inc. now owns 622,811 shares of the company’s stock worth $13,113,000 after buying an additional 92,106 shares during the last quarter. Clark Asset Management LLC grew its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 22.7% in the second quarter. Clark Asset Management LLC now owns 519,107 shares of the company’s stock worth $10,930,000 after purchasing an additional 96,079 shares in the last quarter. Parkway Wealth Management Group LLC increased its stake in Invesco BulletShares 2033 Corporate Bond ETF by 1.9% during the 3rd quarter. Parkway Wealth Management Group LLC now owns 489,263 shares of the company’s stock valued at $9,785,000 after buying an additional 9,175 shares during the period. Bank of America Corp DE raised its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 13.0% during the 1st quarter. Bank of America Corp DE now owns 414,450 shares of the company’s stock worth $8,766,000 after buying an additional 47,689 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 94.4% in the 1st quarter. Royal Bank of Canada now owns 383,288 shares of the company’s stock worth $8,107,000 after acquiring an additional 186,120 shares during the period.

Invesco BulletShares 2033 Corporate Bond ETF Stock Up 0.1%

Shares of BSCX stock opened at $20.33 on Friday. The stock has a 50-day simple moving average of $20.34 and a 200 day simple moving average of $20.96. Invesco BulletShares 2033 Corporate Bond ETF has a fifty-two week low of $19.92 and a fifty-two week high of $21.66.

Invesco BulletShares 2033 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were issued a dividend of $0.0839 per share. This is a negative change from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.0848. This represents a $1.01 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend was Monday, October 19th.

Invesco BulletShares 2033 Corporate Bond ETF Company Profile

The Invesco BulletShares 2033 Corporate Bond ETF (BSCX) 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 2033. BSCX was launched on Sep 20, 2023 and is issued by Invesco.