Envestnet Asset Management Inc. Grows Position in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU)

Envestnet Asset Management Inc. boosted its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 11.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,068,532 shares of the company’s stock after purchasing an additional 109,921 shares during the period. Envestnet Asset Management Inc. owned about 2.21% of Invesco BulletShares 2030 Corporate Bond ETF worth $17,374,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Aptus Capital Advisors LLC raised its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 33.5% during the second quarter. Aptus Capital Advisors LLC now owns 2,434,089 shares of the company’s stock valued at $39,578,000 after acquiring an additional 610,231 shares during the period. Wells Fargo & Company MN raised its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 51.6% during the fourth quarter. Wells Fargo & Company MN now owns 2,029,857 shares of the company’s stock valued at $33,767,000 after acquiring an additional 690,888 shares during the period. Raymond James & Associates raised its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 143.9% during the second quarter. Raymond James & Associates now owns 1,934,521 shares of the company’s stock valued at $31,455,000 after acquiring an additional 1,141,238 shares during the period. Eastern Bank raised its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 1.4% during the second quarter. Eastern Bank now owns 1,879,680 shares of the company’s stock valued at $30,564,000 after acquiring an additional 25,623 shares during the period. Finally, Tlwm raised its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 2.9% during the second quarter. Tlwm now owns 1,412,952 shares of the company’s stock valued at $22,975,000 after acquiring an additional 39,385 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

NASDAQ:BSCU opened at $16.96 on Tuesday. Invesco BulletShares 2030 Corporate Bond ETF has a 52 week low of $15.19 and a 52 week high of $17.14. The business’s 50-day simple moving average is $16.76 and its two-hundred day simple moving average is $16.43.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were issued a $0.071 dividend. This represents a $0.85 annualized dividend and a dividend yield of 5.02%. This is a boost from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, August 19th.

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.