Parallel Advisors LLC Makes New $1.34 Million Investment in Invesco BulletShares 2030 Corporate Bond ETF $BSCU

Parallel Advisors LLC bought a new position in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 83,205 shares of the company’s stock, valued at approximately $1,343,000.

Several other institutional investors have also recently made changes to their positions in BSCU. Lido Advisors LLC raised its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 7.5% in the first quarter. Lido Advisors LLC now owns 8,438,015 shares of the company’s stock valued at $141,076,000 after purchasing an additional 587,893 shares during the last quarter. Waverly Advisors LLC lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 21,913.5% during the second quarter. Waverly Advisors LLC now owns 5,572,712 shares of the company’s stock valued at $92,758,000 after purchasing an additional 5,547,397 shares in the last quarter. Hengehold Capital Management LLC bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the third quarter valued at about $47,149,000. Bank of America Corp DE lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 11.5% during the first quarter. Bank of America Corp DE now owns 2,780,691 shares of the company’s stock valued at $46,490,000 after purchasing an additional 286,582 shares in the last quarter. Finally, Fusion Family Wealth LLC purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF during the third quarter worth about $46,094,000.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

Invesco BulletShares 2030 Corporate Bond ETF stock opened at $16.37 on Tuesday. Invesco BulletShares 2030 Corporate Bond ETF has a fifty-two week low of $16.10 and a fifty-two week high of $17.03. The firm’s 50-day simple moving average is $16.28 and its 200 day simple moving average is $16.61.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were given a dividend of $0.0635 per share. The ex-dividend date of this dividend was Monday, October 19th. This represents a $0.76 annualized dividend and a dividend yield of 4.7%. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.0629.

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.