First Horizon Advisors Inc. Makes New $72,000 Investment in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU)

First Horizon Advisors Inc. purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 4,326 shares of the company’s stock, valued at approximately $72,000.

Other hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 5.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 28,455 shares of the company’s stock worth $443,000 after purchasing an additional 1,450 shares during the period. Raymond James & Associates grew its stake in Invesco BulletShares 2030 Corporate Bond ETF by 80.9% during the third quarter. Raymond James & Associates now owns 105,616 shares of the company’s stock valued at $1,645,000 after acquiring an additional 47,223 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 90.5% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 582,666 shares of the company’s stock worth $9,078,000 after acquiring an additional 276,758 shares during the period. Stratos Wealth Partners LTD. bought a new stake in Invesco BulletShares 2030 Corporate Bond ETF during the 3rd quarter worth approximately $165,000. Finally, Marietta Wealth Management LLC purchased a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the 3rd quarter worth approximately $5,142,000.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

BSCU opened at $16.22 on Wednesday. Invesco BulletShares 2030 Corporate Bond ETF has a one year low of $15.19 and a one year high of $17.39. The company has a fifty day moving average price of $16.23 and a 200-day moving average price of $16.21.

Invesco BulletShares 2030 Corporate Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd were paid a $0.0651 dividend. The ex-dividend date of this dividend was Monday, April 22nd. This represents a $0.78 dividend on an annualized basis and a yield of 4.81%.

About Invesco BulletShares 2030 Corporate Bond ETF

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.