Waycross Investment Management Co Makes New $6.77 Million Investment in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU)

Waycross Investment Management Co bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 399,500 shares of the company’s stock, valued at approximately $6,772,000. Invesco BulletShares 2030 Corporate Bond ETF comprises about 6.2% of Waycross Investment Management Co’s investment portfolio, making the stock its 4th largest holding. Waycross Investment Management Co owned about 0.69% of Invesco BulletShares 2030 Corporate Bond ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Vima LLC bought a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the fourth quarter valued at $30,000. MONECO Advisors LLC acquired a new position in Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter valued at about $421,000. Timber Creek Capital Management LLC grew its position in Invesco BulletShares 2030 Corporate Bond ETF by 3.1% in the 1st quarter. Timber Creek Capital Management LLC now owns 49,717 shares of the company’s stock worth $815,000 after purchasing an additional 1,501 shares during the last quarter. Davis Capital Management increased its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 63.3% in the first quarter. Davis Capital Management now owns 11,485 shares of the company’s stock valued at $187,000 after purchasing an additional 4,452 shares during the period. Finally, NBC Securities Inc. bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the first quarter valued at approximately $747,000.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

BSCU stock traded down $0.12 on Friday, reaching $16.79. The company’s stock had a trading volume of 295,627 shares, compared to its average volume of 285,506. Invesco BulletShares 2030 Corporate Bond ETF has a 52 week low of $15.19 and a 52 week high of $17.14. The firm has a fifty day moving average of $16.84 and a two-hundred day moving average of $16.46.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.061 per share. This represents a $0.73 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco BulletShares 2030 Corporate Bond ETF Company 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.