Davis R M Inc. Buys 232,560 Shares of Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Davis R M Inc. lifted its stake in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) by 122.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 422,068 shares of the company’s stock after buying an additional 232,560 shares during the period. Davis R M Inc. owned about 0.42% of Invesco BulletShares 2031 Corporate Bond ETF worth $6,947,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Aptus Capital Advisors LLC boosted its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 5.5% in the 4th quarter. Aptus Capital Advisors LLC now owns 10,453,481 shares of the company’s stock valued at $174,521,000 after purchasing an additional 541,413 shares in the last quarter. BCS Wealth Management increased its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 116.8% during the 4th quarter. BCS Wealth Management now owns 620,872 shares of the company’s stock worth $10,365,000 after purchasing an additional 334,466 shares in the last quarter. Kirr Marbach & Co. LLC IN acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter worth about $7,796,000. Moneco Advisors LLC increased its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 8.7% during the 4th quarter. Moneco Advisors LLC now owns 1,367,029 shares of the company’s stock worth $22,823,000 after purchasing an additional 109,751 shares in the last quarter. Finally, Asset Dedication LLC lifted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 23.4% during the 4th quarter. Asset Dedication LLC now owns 496,329 shares of the company’s stock valued at $8,286,000 after purchasing an additional 94,091 shares during the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

NASDAQ:BSCV opened at $16.22 on Thursday. Invesco BulletShares 2031 Corporate Bond ETF has a 12 month low of $16.21 and a 12 month high of $17.04. The company’s 50-day moving average price is $16.37 and its two-hundred day moving average price is $16.52.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, July 24th. Stockholders of record on Monday, July 20th will be paid a $0.065 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is an increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date is Monday, July 20th.

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.