Red Spruce Capital LLC Acquires 380,668 Shares of Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Red Spruce Capital LLC grew its holdings in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) by 915.3% during the second quarter, Holdings Channel reports. The firm owned 422,257 shares of the company’s stock after acquiring an additional 380,668 shares during the quarter. Invesco BulletShares 2031 Corporate Bond ETF comprises about 2.4% of Red Spruce Capital LLC’s holdings, making the stock its 11th largest position. Red Spruce Capital LLC’s holdings in Invesco BulletShares 2031 Corporate Bond ETF were worth $6,919,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Integrated Wealth Concepts LLC increased its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 34.4% in the first quarter. Integrated Wealth Concepts LLC now owns 23,017 shares of the company’s stock worth $375,000 after purchasing an additional 5,890 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 8.1% during the 1st quarter. NewEdge Advisors LLC now owns 65,514 shares of the company’s stock worth $1,069,000 after buying an additional 4,915 shares in the last quarter. Jane Street Group LLC grew its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 343.5% during the 1st quarter. Jane Street Group LLC now owns 159,961 shares of the company’s stock worth $2,609,000 after buying an additional 123,893 shares during the period. Cetera Investment Advisers grew its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 54.5% during the 2nd quarter. Cetera Investment Advisers now owns 39,268 shares of the company’s stock worth $649,000 after buying an additional 13,845 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 11,403.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 261,471 shares of the company’s stock valued at $4,322,000 after acquiring an additional 259,198 shares in the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Trading Down 0.3%

Invesco BulletShares 2031 Corporate Bond ETF stock opened at $16.27 on Friday. Invesco BulletShares 2031 Corporate Bond ETF has a 12-month low of $16.16 and a 12-month high of $17.04. The firm’s fifty day moving average is $16.34 and its 200 day moving average is $16.49.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were issued a dividend of $0.065 per share. This is an increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Monday, July 20th.

Invesco BulletShares 2031 Corporate Bond ETF 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.