Invesco BulletShares 2031 Corporate Bond ETF $BSCV Shares Newly Acquired by Waycross Investment Management Co

Waycross Investment Management Co purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 379,169 shares of the company’s stock, valued at approximately $5,979,000. Invesco BulletShares 2031 Corporate Bond ETF makes up about 5.2% of Waycross Investment Management Co’s investment portfolio, making the stock its 5th largest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Avior Wealth Management LLC bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the third quarter valued at about $40,945,000. Waverly Advisors LLC grew its stake in Invesco BulletShares 2031 Corporate Bond ETF by 5,276.1% in the second quarter. Waverly Advisors LLC now owns 1,255,637 shares of the company’s stock valued at $20,574,000 after acquiring an additional 1,232,281 shares during the period. Decker Wealth Management LLC acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the first quarter worth $7,995,000. Red Spruce Capital LLC acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter worth approximately $6,657,000. Finally, Bank of America Corp DE increased its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 17.7% in the first quarter. Bank of America Corp DE now owns 2,048,401 shares of the company’s stock valued at $33,717,000 after acquiring an additional 307,897 shares during the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Stock Down 0.0%

Shares of BSCV stock traded down $0.01 on Wednesday, reaching $15.84. The stock had a trading volume of 930,495 shares, compared to its average volume of 546,341. Invesco BulletShares 2031 Corporate Bond ETF has a 12 month low of $15.73 and a 12 month high of $17.04. The firm’s 50-day moving average is $16.06 and its two-hundred day moving average is $16.28.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were given a dividend of $0.0634 per share. This represents a $0.76 dividend on an annualized basis and a yield of 4.8%. This is a negative change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.0672. The ex-dividend date of this dividend was Monday, September 21st.

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.