Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) to Issue Monthly Dividend of $0.06

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) announced a monthly dividend on Monday, November 24th. Stockholders of record on Monday, November 24th will be paid a dividend of 0.0641 per share on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, November 24th. This is a 1.9% increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.06.

Invesco BulletShares 2030 Corporate Bond ETF Trading Down 0.4%

Shares of NASDAQ:BSCU traded down $0.07 during midday trading on Monday, reaching $16.90. 1,442,430 shares of the company were exchanged, compared to its average volume of 510,089. Invesco BulletShares 2030 Corporate Bond ETF has a fifty-two week low of $16.17 and a fifty-two week high of $17.06. The stock has a fifty day simple moving average of $16.93 and a two-hundred day simple moving average of $16.80.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Addison Advisors LLC increased its stake in Invesco BulletShares 2030 Corporate Bond ETF by 6.9% in the 2nd quarter. Addison Advisors LLC now owns 285,094 shares of the company’s stock valued at $4,784,000 after buying an additional 18,297 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in Invesco BulletShares 2030 Corporate Bond ETF during the first quarter worth about $253,000. Farther Finance Advisors LLC raised its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 1,586.7% during the second quarter. Farther Finance Advisors LLC now owns 11,807 shares of the company’s stock worth $198,000 after acquiring an additional 11,107 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in Invesco BulletShares 2030 Corporate Bond ETF by 37.0% during the first quarter. Geneos Wealth Management Inc. now owns 25,216 shares of the company’s stock valued at $418,000 after purchasing an additional 6,813 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in Invesco BulletShares 2030 Corporate Bond ETF by 17.8% in the first quarter. PNC Financial Services Group Inc. now owns 4,176 shares of the company’s stock valued at $69,000 after purchasing an additional 632 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Company 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.