Virtue Asset Management LLC Makes New $931,000 Investment in Invesco BulletShares 2030 Corporate Bond ETF $BSCU

Virtue Asset Management LLC purchased a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) in the third quarter, Holdings Channel.com reports. The fund purchased 57,659 shares of the company’s stock, valued at approximately $931,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Cypress Wealth Services LLC acquired a new position in Invesco BulletShares 2030 Corporate Bond ETF during the third quarter worth about $812,000. Axxcess Wealth Management LLC acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 3rd quarter valued at approximately $299,000. Sowell Financial Services LLC acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 3rd quarter valued at approximately $170,000. Kirr Marbach & Co. LLC IN acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 3rd quarter valued at approximately $12,600,000. Finally, Farnam Financial LLC bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 3rd quarter valued at approximately $4,175,000.

Invesco BulletShares 2030 Corporate Bond ETF Stock Up 0.5%

Shares of Invesco BulletShares 2030 Corporate Bond ETF stock opened at $16.27 on Friday. The firm’s 50 day moving average is $16.34 and its 200 day moving average is $16.54. Invesco BulletShares 2030 Corporate Bond ETF has a 1 year low of $16.10 and a 1 year high of $17.03.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

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

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.