Truist Financial Corp Has $7.39 Million Stock Position in Invesco BulletShares 2030 Corporate Bond ETF $BSCU

Truist Financial Corp trimmed its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 27.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 437,136 shares of the company’s stock after selling 162,078 shares during the period. Truist Financial Corp’s holdings in Invesco BulletShares 2030 Corporate Bond ETF were worth $7,388,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Novare Capital Management LLC lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 8.1% in the third quarter. Novare Capital Management LLC now owns 192,049 shares of the company’s stock worth $3,246,000 after buying an additional 14,326 shares during the last quarter. Straight Path Wealth Management raised its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 27.8% during the third quarter. Straight Path Wealth Management now owns 236,059 shares of the company’s stock valued at $3,989,000 after buying an additional 51,395 shares during the last quarter. Sawgrass Asset Management LLC boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 4.5% during the third quarter. Sawgrass Asset Management LLC now owns 94,289 shares of the company’s stock worth $1,593,000 after buying an additional 4,087 shares in the last quarter. Coordinated Financial Services Inc. increased its stake in Invesco BulletShares 2030 Corporate Bond ETF by 6.1% in the third quarter. Coordinated Financial Services Inc. now owns 61,090 shares of the company’s stock valued at $1,032,000 after acquiring an additional 3,489 shares during the period. Finally, Vaughan David Investments LLC IL grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 19.0% in the 3rd quarter. Vaughan David Investments LLC IL now owns 342,171 shares of the company’s stock valued at $5,783,000 after purchasing an additional 54,534 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

Shares of BSCU stock opened at $16.90 on Tuesday. Invesco BulletShares 2030 Corporate Bond ETF has a 12-month low of $16.17 and a 12-month high of $17.06. The firm has a 50-day moving average price of $16.92 and a 200 day moving average price of $16.90.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were paid a dividend of $0.0624 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Tuesday, January 20th.

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.