Waycross Investment Management Co Makes New Investment in Invesco BulletShares 2030 Corporate Bond ETF $BSCU

Waycross Investment Management Co acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) during the 3rd quarter, HoldingsChannel reports. The fund acquired 374,685 shares of the company’s stock, valued at approximately $6,047,000. Invesco BulletShares 2030 Corporate Bond ETF accounts for approximately 5.2% of Waycross Investment Management Co’s portfolio, making the stock its 4th biggest position.

Several other institutional investors have also modified their holdings of BSCU. JM2 Capital Inc. acquired a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 3rd quarter worth about $619,000. XY Planning Network Inc. boosted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 64.0% in the 3rd quarter. XY Planning Network Inc. now owns 31,959 shares of the company’s stock worth $516,000 after buying an additional 12,472 shares during the last quarter. Krilogy Financial LLC acquired a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the 3rd quarter worth about $299,000. Sax Wealth Advisors LLC purchased a new stake in Invesco BulletShares 2030 Corporate Bond ETF during the 3rd quarter worth approximately $916,000. Finally, Avior Wealth Management LLC purchased a new stake in Invesco BulletShares 2030 Corporate Bond ETF during the 3rd quarter worth approximately $2,775,000.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2030 Corporate Bond ETF stock traded down $0.01 during mid-day trading on Wednesday, reaching $16.20. 571,203 shares of the stock traded hands, compared to its average volume of 701,554. The business has a 50-day moving average of $16.38 and a 200 day moving average of $16.56. Invesco BulletShares 2030 Corporate Bond ETF has a fifty-two week low of $16.10 and a fifty-two week high of $17.03.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a $0.0629 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 4.7%. This is a drop from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.0653. The ex-dividend date was Monday, September 21st.

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.