Farnam Financial LLC Purchases New Stake in Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Farnam Financial LLC purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 198,917 shares of the company’s stock, valued at approximately $3,167,000. Invesco BulletShares 2031 Corporate Bond ETF accounts for about 2.3% of Farnam Financial LLC’s holdings, making the stock its 16th largest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BSCV. Carnegie Investment Counsel purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth approximately $3,890,000. Ironwood Financial llc acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the third quarter worth $533,000. Sensible Money LLC purchased a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at $246,000. Milestones Private Investment Advisors LLC purchased a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at $288,000. Finally, AA Financial Advisors LLC purchased a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at $3,489,000.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

NASDAQ:BSCV opened at $15.82 on Wednesday. The firm’s fifty day simple moving average is $16.02 and its 200 day simple moving average is $16.26. Invesco BulletShares 2031 Corporate Bond ETF has a twelve month low of $15.73 and a twelve month high of $16.82.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, October 23rd. Investors of record on Monday, October 19th will be issued a $0.0650 dividend. The ex-dividend date is Monday, October 19th. This represents a $0.78 annualized dividend and a yield of 4.9%. This is an increase 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.