Straight Path Wealth Management Makes New Investment in Invesco BulletShares 2032 Corporate Bond ETF $BSCW

Straight Path Wealth Management purchased a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 230,024 shares of the company’s stock, valued at approximately $4,505,000. Invesco BulletShares 2032 Corporate Bond ETF accounts for about 1.0% of Straight Path Wealth Management’s portfolio, making the stock its 20th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of BSCW. Hengehold Capital Management LLC purchased a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the third quarter valued at about $39,081,000. Royal Bank of Canada raised its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 22.4% during the 1st quarter. Royal Bank of Canada now owns 994,559 shares of the company’s stock valued at $20,476,000 after buying an additional 181,725 shares during the period. Capital Investment Counsel LLC raised its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 18.6% during the 1st quarter. Capital Investment Counsel LLC now owns 722,194 shares of the company’s stock valued at $14,868,000 after buying an additional 113,289 shares during the period. Clark Asset Management LLC lifted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 26.3% in the second quarter. Clark Asset Management LLC now owns 696,425 shares of the company’s stock valued at $14,284,000 after acquiring an additional 144,804 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 9.8% in the first quarter. Bank of America Corp DE now owns 690,831 shares of the company’s stock valued at $14,222,000 after acquiring an additional 61,900 shares during the last quarter.

Invesco BulletShares 2032 Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2032 Corporate Bond ETF stock opened at $19.77 on Monday. Invesco BulletShares 2032 Corporate Bond ETF has a fifty-two week low of $19.55 and a fifty-two week high of $21.24. The stock has a 50 day moving average of $19.91 and a 200 day moving average of $20.29.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were paid a $0.0833 dividend. This is a boost from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.0794. The ex-dividend date of this dividend was Monday, October 19th. This represents a $1.00 annualized dividend and a dividend yield of 5.1%.

About Invesco BulletShares 2032 Corporate Bond ETF

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) 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 2032. BSCW was launched on Sep 8, 2022 and is managed by Invesco.