SMI Advisory Services LLC Sells 1,169,508 Shares of Invesco BulletShares 2025 Corporate Bond ETF $BSCP

SMI Advisory Services LLC reduced its stake in shares of Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) by 49.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,189,152 shares of the company’s stock after selling 1,169,508 shares during the quarter. Invesco BulletShares 2025 Corporate Bond ETF comprises 4.8% of SMI Advisory Services LLC’s portfolio, making the stock its 4th biggest holding. SMI Advisory Services LLC’s holdings in Invesco BulletShares 2025 Corporate Bond ETF were worth $24,651,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC acquired a new position in Invesco BulletShares 2025 Corporate Bond ETF during the first quarter worth about $26,000. Joseph Group Capital Management acquired a new position in Invesco BulletShares 2025 Corporate Bond ETF during the first quarter worth about $39,000. Garde Capital Inc. acquired a new position in Invesco BulletShares 2025 Corporate Bond ETF during the first quarter worth about $41,000. Wayfinding Financial LLC acquired a new position in Invesco BulletShares 2025 Corporate Bond ETF during the first quarter worth about $119,000. Finally, Investment Research & Advisory Group Inc. acquired a new position in Invesco BulletShares 2025 Corporate Bond ETF during the first quarter worth about $121,000.

Invesco BulletShares 2025 Corporate Bond ETF Stock Performance

Shares of BSCP opened at $20.69 on Wednesday. The firm’s 50-day moving average is $20.70 and its two-hundred day moving average is $20.69. Invesco BulletShares 2025 Corporate Bond ETF has a twelve month low of $20.60 and a twelve month high of $20.76.

Invesco BulletShares 2025 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 22nd. Investors of record on Monday, August 18th were paid a dividend of $0.0731 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a c) annualized dividend and a dividend yield of 4.2%.

Invesco BulletShares 2025 Corporate Bond ETF Company Profile

The Invesco Bulletshares 2025 Corporate Bond ETF (BSCP) 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 2025. The fund will unwind in December 2025 and return capital and proceeds to investors.