IMA Advisory Services Inc. Grows Stock Position in Invesco BulletShares 2030 Corporate Bond ETF $BSCU

IMA Advisory Services Inc. boosted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 6.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,416,186 shares of the company’s stock after acquiring an additional 89,066 shares during the period. Invesco BulletShares 2030 Corporate Bond ETF accounts for about 2.3% of IMA Advisory Services Inc.’s investment portfolio, making the stock its 10th largest position. IMA Advisory Services Inc.’s holdings in Invesco BulletShares 2030 Corporate Bond ETF were worth $23,962,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Independence Bank of Kentucky raised its stake in Invesco BulletShares 2030 Corporate Bond ETF by 0.9% during the 4th quarter. Independence Bank of Kentucky now owns 70,090 shares of the company’s stock worth $1,186,000 after acquiring an additional 598 shares during the period. Key Financial Inc raised its stake in Invesco BulletShares 2030 Corporate Bond ETF by 5.3% during the 3rd quarter. Key Financial Inc now owns 11,860 shares of the company’s stock worth $201,000 after acquiring an additional 600 shares during the period. Allworth Financial LP raised its stake in Invesco BulletShares 2030 Corporate Bond ETF by 7.4% during the 4th quarter. Allworth Financial LP now owns 9,455 shares of the company’s stock worth $160,000 after acquiring an additional 650 shares during the period. AA Financial Advisors LLC raised its stake in Invesco BulletShares 2030 Corporate Bond ETF by 2.1% during the 4th quarter. AA Financial Advisors LLC now owns 31,918 shares of the company’s stock worth $540,000 after acquiring an additional 668 shares during the period. Finally, First City Capital Management Inc. raised its stake in Invesco BulletShares 2030 Corporate Bond ETF by 2.1% during the 4th quarter. First City Capital Management Inc. now owns 34,333 shares of the company’s stock worth $581,000 after acquiring an additional 700 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

NASDAQ BSCU opened at $16.60 on Monday. Invesco BulletShares 2030 Corporate Bond ETF has a 12 month low of $16.51 and a 12 month high of $17.06. The company’s 50 day moving average is $16.71 and its two-hundred day moving average is $16.84.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were given a dividend of $0.0649 per share. The ex-dividend date was Monday, May 18th. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a dividend yield of 4.7%.

About Invesco BulletShares 2030 Corporate Bond ETF

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.