Invesco BulletShares 2030 Corporate Bond ETF $BSCU Shares Newly Acquired by Waycross Investment Management Co

Waycross Investment Management Co acquired a new stake in 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 acquired 374,685 shares of the company’s stock, valued at approximately $6,047,000. Invesco BulletShares 2030 Corporate Bond ETF comprises about 5.2% of Waycross Investment Management Co’s portfolio, making the stock its 4th largest position. Waycross Investment Management Co owned about 0.22% of Invesco BulletShares 2030 Corporate Bond ETF at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Waverly Advisors LLC lifted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 21,913.5% in the 2nd quarter. Waverly Advisors LLC now owns 5,572,712 shares of the company’s stock valued at $92,758,000 after buying an additional 5,547,397 shares during the period. Cvfg LLC acquired a new position in Invesco BulletShares 2030 Corporate Bond ETF in the first quarter valued at approximately $11,210,000. Lido Advisors LLC boosted its position in Invesco BulletShares 2030 Corporate Bond ETF by 7.5% in the 1st quarter. Lido Advisors LLC now owns 8,438,015 shares of the company’s stock worth $141,076,000 after purchasing an additional 587,893 shares in the last quarter. Decker Wealth Management LLC purchased a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the 1st quarter worth approximately $7,192,000. Finally, Cornerstone Planning LLC acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter worth approximately $7,228,000.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCU traded down $0.01 during trading on Wednesday, hitting $16.20. 571,203 shares of the stock traded hands, compared to its average volume of 701,554. The company has a fifty day moving average price of $16.38 and a two-hundred day moving average price of $16.56. 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 Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a $0.0629 dividend. The ex-dividend date of this dividend was Monday, September 21st. This is a negative change from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.0653. This represents a $0.75 dividend on an annualized basis and a yield of 4.7%.

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.