Carmel Capital Partners LLC Makes New $4.59 Million Investment in Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Carmel Capital Partners LLC bought a new stake in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 275,214 shares of the company’s stock, valued at approximately $4,591,000. Invesco BulletShares 2031 Corporate Bond ETF comprises approximately 1.9% of Carmel Capital Partners LLC’s investment portfolio, making the stock its 9th largest holding. Carmel Capital Partners LLC owned about 0.34% of Invesco BulletShares 2031 Corporate Bond ETF at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Angeles Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 2nd quarter worth about $39,000. Davis Capital Management purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the third quarter valued at about $53,000. Key Financial Inc raised its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 124.3% during the 2nd quarter. Key Financial Inc now owns 10,249 shares of the company’s stock worth $169,000 after purchasing an additional 5,679 shares during the last quarter. Bill Few Associates Inc. acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 2nd quarter worth approximately $175,000. Finally, Darden Wealth Group Inc purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 2nd quarter valued at approximately $198,000.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

Invesco BulletShares 2031 Corporate Bond ETF stock opened at $16.64 on Friday. Invesco BulletShares 2031 Corporate Bond ETF has a fifty-two week low of $15.84 and a fifty-two week high of $17.06. The stock has a fifty day moving average of $16.70 and a two-hundred day moving average of $16.66.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 23rd. Investors of record on Tuesday, January 20th will be paid a $0.0624 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a c) annualized dividend and a yield of 4.5%.

About Invesco BulletShares 2031 Corporate Bond ETF

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.