Kinetic Wealth Investment Advisors LLC Purchases Shares of 78,680 Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Kinetic Wealth Investment Advisors LLC acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) in the 2nd quarter, Holdings Channel reports. The fund acquired 78,680 shares of the company’s stock, valued at approximately $1,289,000. Invesco BulletShares 2031 Corporate Bond ETF makes up 0.6% of Kinetic Wealth Investment Advisors LLC’s investment portfolio, making the stock its 25th biggest position.

A number of other hedge funds have also modified their holdings of BSCV. AlphaCore Capital LLC bought a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter valued at approximately $33,000. Ascentis Independent Advisors bought a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 1st quarter worth approximately $35,000. Advisory Services Network LLC bought a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter worth approximately $92,000. Align Financial LLC acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the fourth quarter valued at approximately $111,000. Finally, Larson Financial Group LLC raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 27.2% in the fourth quarter. Larson Financial Group LLC now owns 8,420 shares of the company’s stock valued at $141,000 after purchasing an additional 1,799 shares during the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

Shares of BSCV stock opened at $16.15 on Tuesday. The company’s fifty day simple moving average is $16.27 and its 200-day simple moving average is $16.42. Invesco BulletShares 2031 Corporate Bond ETF has a 12 month low of $16.13 and a 12 month high of $17.04.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were paid a $0.0672 dividend. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date was Monday, August 24th. This is an increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.07.

About Invesco BulletShares 2031 Corporate Bond ETF

The Invesco BulletShares 2031 Corporate Bond ETF (BSCV) 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 2031. The fund will unwind in December 2031 and return capitals and proceeds to investors. BSCV was launched on Sep 15, 2021 and is managed by Invesco.