Northwestern Mutual Wealth Management Co. Raises Stake in Invesco BulletShares 2032 Corporate Bond ETF $BSCW

Northwestern Mutual Wealth Management Co. raised its position in Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) by 1,006.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,374,029 shares of the company’s stock after acquiring an additional 2,159,532 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 3.66% of Invesco BulletShares 2032 Corporate Bond ETF worth $49,558,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. CWM LLC purchased a new position in Invesco BulletShares 2032 Corporate Bond ETF in the third quarter worth approximately $25,000. Comerica Bank lifted its stake in Invesco BulletShares 2032 Corporate Bond ETF by 44.5% in the third quarter. Comerica Bank now owns 3,942 shares of the company’s stock worth $82,000 after acquiring an additional 1,214 shares during the last quarter. Advisory Services Network LLC acquired a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the third quarter worth approximately $92,000. Montag A & Associates Inc. raised its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 215.4% during the fourth quarter. Montag A & Associates Inc. now owns 8,053 shares of the company’s stock worth $168,000 after purchasing an additional 5,500 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the fourth quarter worth approximately $204,000.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

BSCW stock opened at $20.37 on Tuesday. Invesco BulletShares 2032 Corporate Bond ETF has a twelve month low of $20.03 and a twelve month high of $21.24. The company’s 50 day moving average is $20.64 and its two-hundred day moving average is $20.81.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Monday, May 18th will be issued a dividend of $0.0841 per share. The ex-dividend date of this dividend is Monday, May 18th. This is an increase from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a yield of 5.0%.

Invesco BulletShares 2032 Corporate Bond ETF Profile

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) 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 2032. BSCW was launched on Sep 8, 2022 and is managed by Invesco.