Cypress Wealth Services LLC Buys 50,200 Shares of Invesco BulletShares 2030 Corporate Bond ETF $BSCU

Cypress Wealth Services LLC bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 50,200 shares of the company’s stock, valued at approximately $812,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BSCU. Lido Advisors LLC boosted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 7.5% in the first quarter. Lido Advisors LLC now owns 8,438,015 shares of the company’s stock worth $141,076,000 after acquiring an additional 587,893 shares in the last quarter. Waverly Advisors LLC grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 21,913.5% during the second quarter. Waverly Advisors LLC now owns 5,572,712 shares of the company’s stock worth $92,758,000 after acquiring an additional 5,547,397 shares during the last quarter. Hengehold Capital Management LLC purchased a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the third quarter worth about $47,149,000. Bank of America Corp DE grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 11.5% during the first quarter. Bank of America Corp DE now owns 2,780,691 shares of the company’s stock worth $46,490,000 after acquiring an additional 286,582 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 5.5% during the first quarter. Royal Bank of Canada now owns 2,639,665 shares of the company’s stock valued at $44,133,000 after acquiring an additional 137,041 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

BSCU opened at $16.19 on Thursday. The firm’s 50-day moving average price is $16.34 and its 200-day moving average price is $16.54. Invesco BulletShares 2030 Corporate Bond ETF has a 52-week low of $16.10 and a 52-week high of $17.03.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Monday, October 19th will be given a dividend of $0.0635 per share. The ex-dividend date of this dividend is Monday, October 19th. This represents a $0.76 annualized dividend and a yield of 4.7%. This is a boost from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.0629.

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.