Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Stake Raised by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 9.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 750,744 shares of the company’s stock after acquiring an additional 62,185 shares during the period. Raymond James Financial Services Advisors Inc. owned about 1.59% of Invesco BulletShares 2030 Corporate Bond ETF worth $12,207,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Concourse Financial Group Securities Inc. purchased a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 1st quarter worth about $28,000. Vima LLC bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 4th quarter valued at approximately $30,000. YHB Investment Advisors Inc. bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 1st quarter valued at approximately $46,000. First Horizon Advisors Inc. bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 4th quarter valued at approximately $72,000. Finally, Marquette Asset Management LLC bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 4th quarter valued at approximately $85,000.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

Shares of BSCU stock opened at $16.75 on Friday. The stock’s 50 day simple moving average is $16.50 and its 200 day simple moving average is $16.33. Invesco BulletShares 2030 Corporate Bond ETF has a twelve month low of $15.19 and a twelve month high of $17.14.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, August 23rd. Shareholders of record on Monday, August 19th will be issued a $0.071 dividend. The ex-dividend date is Monday, August 19th. This represents a $0.85 dividend on an annualized basis and a yield of 5.09%. This is a positive change from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.07.

Invesco BulletShares 2030 Corporate Bond ETF 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.