Carmel Capital Partners LLC Acquires New Holdings in Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Carmel Capital Partners LLC bought a new stake in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 313,667 shares of the company’s stock, valued at approximately $4,947,000. Invesco BulletShares 2031 Corporate Bond ETF makes up 1.7% of Carmel Capital Partners LLC’s holdings, making the stock its 17th largest position.

Other hedge funds have also recently modified their holdings of the company. Avior Wealth Management LLC acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter worth $40,945,000. Hengehold Capital Management LLC acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth about $38,809,000. Bank of America Corp DE lifted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 17.7% in the 1st quarter. Bank of America Corp DE now owns 2,048,401 shares of the company’s stock valued at $33,717,000 after purchasing an additional 307,897 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 10.6% in the 1st quarter. Royal Bank of Canada now owns 1,382,583 shares of the company’s stock valued at $22,758,000 after purchasing an additional 132,450 shares during the last quarter. Finally, Waverly Advisors LLC boosted its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 5,276.1% in the 2nd quarter. Waverly Advisors LLC now owns 1,255,637 shares of the company’s stock valued at $20,574,000 after purchasing an additional 1,232,281 shares during the period.

Invesco BulletShares 2031 Corporate Bond ETF Trading Down 0.1%

NASDAQ:BSCV traded down $0.02 during mid-day trading on Friday, reaching $16.03. 3,199,941 shares of the stock were exchanged, compared to its average volume of 589,350. Invesco BulletShares 2031 Corporate Bond ETF has a 1 year low of $15.73 and a 1 year high of $16.82. The company has a 50 day simple moving average of $15.94 and a 200-day simple moving average of $16.33.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

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

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.