Janney Montgomery Scott LLC Invests $5.36 Million in Invesco BulletShares 2034 Corporate Bond ETF $BSCY

Janney Montgomery Scott LLC bought a new position in Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) during the first quarter, Holdings Channel reports. The fund bought 259,076 shares of the company’s stock, valued at approximately $5,362,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Royal Bank of Canada lifted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 59.5% during the first quarter. Royal Bank of Canada now owns 74,972 shares of the company’s stock valued at $1,536,000 after purchasing an additional 27,960 shares during the last quarter. HUB Investment Partners LLC raised its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 95.3% during the 2nd quarter. HUB Investment Partners LLC now owns 70,769 shares of the company’s stock worth $1,468,000 after buying an additional 34,540 shares during the period. Raymond James Financial Inc. raised its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 7.9% during the 2nd quarter. Raymond James Financial Inc. now owns 2,003,972 shares of the company’s stock worth $41,582,000 after buying an additional 145,867 shares during the period. Jane Street Group LLC acquired a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the 2nd quarter worth about $3,242,000. Finally, Bank of America Corp DE lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 75.1% during the second quarter. Bank of America Corp DE now owns 65,993 shares of the company’s stock valued at $1,369,000 after buying an additional 28,312 shares in the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

Shares of BSCY opened at $20.69 on Friday. Invesco BulletShares 2034 Corporate Bond ETF has a one year low of $20.35 and a one year high of $21.29. The company has a 50-day moving average of $20.68 and a two-hundred day moving average of $20.86.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.0881 dividend. This is a boost from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, June 22nd. This represents a c) annualized dividend and a dividend yield of 5.1%.

About Invesco BulletShares 2034 Corporate Bond ETF

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.