Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Announces Monthly Dividend of $0.06

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) declared a monthly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Monday, March 23rd will be given a dividend of 0.0623 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Monday, March 23rd. This is a 0.2% increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

Shares of NASDAQ BSCV opened at $16.42 on Tuesday. Invesco BulletShares 2031 Corporate Bond ETF has a 12 month low of $15.84 and a 12 month high of $17.06. The company has a 50 day simple moving average of $16.68 and a two-hundred day simple moving average of $16.70.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Morgan Stanley grew its position in Invesco BulletShares 2031 Corporate Bond ETF by 52.0% during the 4th quarter. Morgan Stanley now owns 6,129,247 shares of the company’s stock worth $102,328,000 after purchasing an additional 2,096,838 shares during the period. TruWealth Advisors LLC purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF during the fourth quarter valued at $21,322,000. Stifel Financial Corp raised its stake in Invesco BulletShares 2031 Corporate Bond ETF by 696.8% in the 4th quarter. Stifel Financial Corp now owns 1,192,130 shares of the company’s stock valued at $19,903,000 after purchasing an additional 1,042,509 shares during the last quarter. Focus Partners Wealth lifted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 1,561.8% in the 4th quarter. Focus Partners Wealth now owns 838,452 shares of the company’s stock valued at $13,998,000 after purchasing an additional 787,997 shares in the last quarter. Finally, Aptus Capital Advisors LLC grew its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 8.2% during the third quarter. Aptus Capital Advisors LLC now owns 9,912,068 shares of the company’s stock worth $165,333,000 after buying an additional 752,732 shares in the last quarter.

About Invesco BulletShares 2031 Corporate Bond ETF

The Invesco BulletShares 2031 Corporate Bond ETF (BSCV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade corporate bonds with effective maturities in 2031. The fund will unwind in December 2031 and return capitals and proceeds to investors. BSCV was launched on Sep 15, 2021 and is managed by Invesco.