Davis R M Inc. Grows Position in Invesco BulletShares 2030 Corporate Bond ETF $BSCU

Davis R M Inc. boosted its position in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 56.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 370,672 shares of the company’s stock after acquiring an additional 133,034 shares during the quarter. Davis R M Inc. owned 0.36% of Invesco BulletShares 2030 Corporate Bond ETF worth $6,220,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 12.5% in the 1st quarter. Aptus Capital Advisors LLC now owns 7,453,803 shares of the company’s stock valued at $123,659,000 after purchasing an additional 828,192 shares during the last quarter. IMA Advisory Services Inc. increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 158.6% in the first quarter. IMA Advisory Services Inc. now owns 1,246,581 shares of the company’s stock valued at $20,681,000 after buying an additional 764,578 shares during the last quarter. Baird Financial Group Inc. increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 1,426.9% in the first quarter. Baird Financial Group Inc. now owns 788,983 shares of the company’s stock valued at $13,089,000 after buying an additional 737,312 shares during the last quarter. Raymond James Financial Inc. raised its stake in Invesco BulletShares 2030 Corporate Bond ETF by 17.9% in the first quarter. Raymond James Financial Inc. now owns 4,487,868 shares of the company’s stock valued at $74,454,000 after buying an additional 680,650 shares in the last quarter. Finally, TruWealth Advisors LLC lifted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 14.4% during the 2nd quarter. TruWealth Advisors LLC now owns 3,883,937 shares of the company’s stock worth $65,172,000 after buying an additional 488,551 shares during the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Stock Up 0.1%

NASDAQ:BSCU opened at $16.91 on Monday. Invesco BulletShares 2030 Corporate Bond ETF has a 1 year low of $16.17 and a 1 year high of $17.06. The stock has a 50-day simple moving average of $16.94 and a 200-day simple moving average of $16.78.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 24th. Investors of record on Monday, October 20th were issued a $0.0629 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Monday, October 20th.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

The Invesco BulletShares 2030 Corporate Bond ETF (BSCU) 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 2030. BSCU was launched on Sep 16, 2020 and is managed by Invesco.