65,675 Shares in Invesco BulletShares 2034 Corporate Bond ETF $BSCY Bought by Farnam Financial LLC

Farnam Financial LLC purchased a new stake in Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 65,675 shares of the company’s stock, valued at approximately $1,300,000. Invesco BulletShares 2034 Corporate Bond ETF accounts for approximately 0.9% of Farnam Financial LLC’s portfolio, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Clark Asset Management LLC raised its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 25.3% during the second quarter. Clark Asset Management LLC now owns 404,980 shares of the company’s stock valued at $8,369,000 after acquiring an additional 81,885 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the first quarter worth $5,362,000. Bank of America Corp DE grew its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 53.3% in the first quarter. Bank of America Corp DE now owns 230,755 shares of the company’s stock worth $4,776,000 after purchasing an additional 80,182 shares during the last quarter. Stephens Inc. AR increased its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 14.7% in the first quarter. Stephens Inc. AR now owns 203,368 shares of the company’s stock valued at $4,209,000 after purchasing an additional 26,056 shares during the period. Finally, Modern Wealth Management LLC increased its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 69.4% in the first quarter. Modern Wealth Management LLC now owns 200,676 shares of the company’s stock valued at $4,157,000 after purchasing an additional 82,228 shares during the period.

Invesco BulletShares 2034 Corporate Bond ETF Stock Up 0.2%

Shares of NASDAQ:BSCY opened at $19.67 on Wednesday. Invesco BulletShares 2034 Corporate Bond ETF has a 12-month low of $19.43 and a 12-month high of $21.25. The business has a fifty day simple moving average of $19.97 and a 200 day simple moving average of $20.40.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Monday, October 19th will be given a $0.0853 dividend. This is a boost from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.0809. The ex-dividend date is Monday, October 19th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 5.2%.

Invesco BulletShares 2034 Corporate Bond ETF Company Profile

The Invesco BulletShares 2034 Corporate Bond ETF (BSCY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate bonds with effective maturities in 2034. BSCY was launched on Jun 12, 2024 and is issued by Invesco.