Straight Path Wealth Management Increases Stake in Invesco BulletShares 2030 Corporate Bond ETF $BSCU

Straight Path Wealth Management raised its stake in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 27.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 236,059 shares of the company’s stock after purchasing an additional 51,395 shares during the period. Invesco BulletShares 2030 Corporate Bond ETF comprises 1.0% of Straight Path Wealth Management’s investment portfolio, making the stock its 21st biggest position. Straight Path Wealth Management’s holdings in Invesco BulletShares 2030 Corporate Bond ETF were worth $3,989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in BSCU. Optimum Investment Advisors acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the second quarter worth about $25,000. Crews Bank & Trust purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF during the second quarter worth about $28,000. Angeles Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 2nd quarter worth approximately $39,000. OLD Second National Bank of Aurora acquired a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the third quarter valued at $50,000. Finally, IFP Advisors Inc boosted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 45.7% during the second quarter. IFP Advisors Inc now owns 3,292 shares of the company’s stock worth $55,000 after buying an additional 1,032 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

NASDAQ BSCU opened at $16.87 on Tuesday. Invesco BulletShares 2030 Corporate Bond ETF has a 1-year low of $16.17 and a 1-year high of $17.06. The business has a 50 day moving average price of $16.92 and a 200 day moving average price of $16.90.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a dividend of $0.0624 per share. The ex-dividend date was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a yield of 4.4%.

Invesco BulletShares 2030 Corporate Bond ETF Company 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.