Invesco BulletShares 2034 Corporate Bond ETF $BSCY Stock Position Lessened by MAI Capital Management

MAI Capital Management reduced its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) by 8.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 123,714 shares of the company’s stock after selling 10,988 shares during the quarter. MAI Capital Management owned about 1.09% of Invesco BulletShares 2034 Corporate Bond ETF worth $2,567,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Invesco Ltd. increased its stake in Invesco BulletShares 2034 Corporate Bond ETF by 127.4% during the 1st quarter. Invesco Ltd. now owns 1,121,424 shares of the company’s stock valued at $22,972,000 after buying an additional 628,189 shares during the period. LPL Financial LLC lifted its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 832.2% in the 1st quarter. LPL Financial LLC now owns 467,052 shares of the company’s stock worth $9,567,000 after acquiring an additional 416,952 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 24.7% in the first quarter. Raymond James Financial Inc. now owns 1,858,105 shares of the company’s stock valued at $38,062,000 after acquiring an additional 367,729 shares in the last quarter. Gill Capital Partners LLC boosted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 493.6% in the first quarter. Gill Capital Partners LLC now owns 164,705 shares of the company’s stock valued at $3,374,000 after acquiring an additional 136,959 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 50.3% during the first quarter. Cetera Investment Advisers now owns 175,389 shares of the company’s stock valued at $3,593,000 after acquiring an additional 58,727 shares during the period.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

BSCY opened at $21.06 on Monday. Invesco BulletShares 2034 Corporate Bond ETF has a 1-year low of $19.71 and a 1-year high of $21.29. The business has a 50 day moving average price of $21.08 and a two-hundred day moving average price of $20.78.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 24th. Stockholders of record on Monday, October 20th were issued a $0.0794 dividend. The ex-dividend date was Monday, October 20th. This represents a c) annualized dividend and a dividend yield of 4.5%.

Invesco BulletShares 2034 Corporate Bond ETF Profile

The Invesco BulletShares 2034 Corporate Bond ETF (BSCY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate bonds with effective maturities in 2034. BSCY was launched on Jun 12, 2024 and is issued by Invesco.