MAI Capital Management Acquires 105,532 Shares of Invesco BulletShares 2030 Corporate Bond ETF $BSCU

MAI Capital Management lifted its stake in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 9.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,270,092 shares of the company’s stock after purchasing an additional 105,532 shares during the period. MAI Capital Management owned 1.07% of Invesco BulletShares 2030 Corporate Bond ETF worth $21,465,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of BSCU. Tradewinds Capital Management LLC purchased a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the 3rd quarter worth approximately $18,722,000. Lido Advisors LLC boosted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 14.5% in the second quarter. Lido Advisors LLC now owns 4,765,827 shares of the company’s stock worth $79,971,000 after purchasing an additional 602,351 shares during the period. TruWealth Advisors LLC increased its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 14.1% in the third quarter. TruWealth Advisors LLC now owns 4,431,476 shares of the company’s stock worth $74,892,000 after purchasing an additional 547,539 shares in the last quarter. Central Valley Advisors LLC purchased a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the third quarter worth $8,829,000. Finally, Invesco Ltd. raised its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 16.7% during the 2nd quarter. Invesco Ltd. now owns 3,159,364 shares of the company’s stock valued at $53,014,000 after purchasing an additional 451,431 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Trading Down 0.1%

Shares of BSCU stock opened at $16.99 on Wednesday. The stock has a fifty day simple moving average of $16.93 and a two-hundred day simple moving average of $16.93. 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 declared a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be paid a dividend of $0.0619 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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.