Envestnet Asset Management Inc. Acquires 109,921 Shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU)

Envestnet Asset Management Inc. increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 11.5% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,068,532 shares of the company’s stock after purchasing an additional 109,921 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco BulletShares 2030 Corporate Bond ETF were worth $17,374,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of BSCU. Aptus Capital Advisors LLC increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 33.5% during the second quarter. Aptus Capital Advisors LLC now owns 2,434,089 shares of the company’s stock worth $39,578,000 after purchasing an additional 610,231 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 51.6% during the fourth quarter. Wells Fargo & Company MN now owns 2,029,857 shares of the company’s stock worth $33,767,000 after purchasing an additional 690,888 shares in the last quarter. Raymond James & Associates increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 143.9% during the second quarter. Raymond James & Associates now owns 1,934,521 shares of the company’s stock worth $31,455,000 after purchasing an additional 1,141,238 shares in the last quarter. Eastern Bank increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1.4% during the second quarter. Eastern Bank now owns 1,879,680 shares of the company’s stock worth $30,564,000 after purchasing an additional 25,623 shares in the last quarter. Finally, Tlwm increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 2.9% during the second quarter. Tlwm now owns 1,412,952 shares of the company’s stock worth $22,975,000 after purchasing an additional 39,385 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Stock Down 0.2 %

Shares of BSCU stock opened at $16.96 on Tuesday. The business’s fifty day simple moving average is $16.76 and its 200-day simple moving average is $16.43. Invesco BulletShares 2030 Corporate Bond ETF has a 12-month low of $15.19 and a 12-month high of $17.14.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were given a dividend of $0.071 per share. The ex-dividend date of this dividend was Monday, August 19th. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a $0.85 dividend on an annualized basis and a dividend yield of 5.02%.

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.