Invesco BulletShares 2031 Corporate Bond ETF $BSCV Stock Purchased by Straight Path Wealth Management

Straight Path Wealth Management boosted its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) by 13.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 298,604 shares of the company’s stock after purchasing an additional 34,883 shares during the quarter. Invesco BulletShares 2031 Corporate Bond ETF makes up 1.0% of Straight Path Wealth Management’s investment portfolio, making the stock its 18th biggest holding. Straight Path Wealth Management owned approximately 0.26% of Invesco BulletShares 2031 Corporate Bond ETF worth $4,709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of BSCV. Avior Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at about $40,945,000. Hengehold Capital Management LLC acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the third quarter valued at approximately $38,809,000. Bank of America Corp DE raised its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 17.7% in the first quarter. Bank of America Corp DE now owns 2,048,401 shares of the company’s stock valued at $33,717,000 after acquiring an additional 307,897 shares in the last quarter. Royal Bank of Canada raised its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 10.6% in the first quarter. Royal Bank of Canada now owns 1,382,583 shares of the company’s stock valued at $22,758,000 after acquiring an additional 132,450 shares in the last quarter. Finally, Capital Investment Counsel LLC lifted its stake in Invesco BulletShares 2031 Corporate Bond ETF by 1.9% in the first quarter. Capital Investment Counsel LLC now owns 1,310,877 shares of the company’s stock worth $21,577,000 after acquiring an additional 24,594 shares during the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2031 Corporate Bond ETF stock opened at $15.90 on Monday. Invesco BulletShares 2031 Corporate Bond ETF has a 52-week low of $15.73 and a 52-week high of $16.82. The company has a 50 day moving average of $16.00 and a 200 day moving average of $16.25.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were issued a $0.0650 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Monday, October 19th. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.0634.

Invesco BulletShares 2031 Corporate Bond ETF Profile

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.