MAI Capital Management Raises Stake in Invesco BulletShares 2030 Corporate Bond ETF $BSCU

MAI Capital Management boosted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 9.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,164,560 shares of the company’s stock after buying an additional 105,279 shares during the quarter. MAI Capital Management’s holdings in Invesco BulletShares 2030 Corporate Bond ETF were worth $19,541,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of BSCU. Aptus Capital Advisors LLC increased its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 12.5% in the first quarter. Aptus Capital Advisors LLC now owns 7,453,803 shares of the company’s stock worth $123,659,000 after acquiring an additional 828,192 shares during the period. Baird Financial Group Inc. boosted 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 purchasing an additional 737,312 shares during the last quarter. Raymond James Financial Inc. grew its position in Invesco BulletShares 2030 Corporate Bond ETF by 17.9% during the 1st quarter. Raymond James Financial Inc. now owns 4,487,868 shares of the company’s stock worth $74,454,000 after purchasing an additional 680,650 shares during the period. TruWealth Advisors LLC raised its stake in shares of 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 valued at $65,172,000 after buying an additional 488,551 shares during the last quarter. Finally, Hengehold Capital Management LLC lifted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 27.7% in the 2nd quarter. Hengehold Capital Management LLC now owns 1,981,223 shares of the company’s stock valued at $33,245,000 after buying an additional 429,708 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Stock Up 0.1%

Invesco BulletShares 2030 Corporate Bond ETF stock opened at $16.92 on Friday. The business’s 50-day moving average price is $16.93 and its 200 day moving average price is $16.80. Invesco BulletShares 2030 Corporate Bond ETF has a 52 week low of $16.17 and a 52 week high of $17.06.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

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

Invesco BulletShares 2030 Corporate Bond ETF 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.