Stephens Inc. AR Buys 37,456 Shares of Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Stephens Inc. AR grew its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) by 17.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 257,238 shares of the company’s stock after buying an additional 37,456 shares during the quarter. Stephens Inc. AR owned approximately 0.27% of Invesco BulletShares 2031 Corporate Bond ETF worth $4,295,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AlphaCore Capital LLC acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the fourth quarter worth $33,000. Farther Finance Advisors LLC lifted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 248.4% during the fourth quarter. Farther Finance Advisors LLC now owns 2,439 shares of the company’s stock worth $41,000 after purchasing an additional 1,739 shares during the period. Laurel Wealth Advisors LLC acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the fourth quarter worth $50,000. Advisory Services Network LLC acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth $92,000. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 100.8% during the third quarter. PNC Financial Services Group Inc. now owns 6,045 shares of the company’s stock worth $101,000 after purchasing an additional 3,034 shares during the period.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCV opened at $16.37 on Monday. The firm’s fifty day moving average is $16.51 and its 200-day moving average is $16.63. Invesco BulletShares 2031 Corporate Bond ETF has a 52 week low of $16.12 and a 52 week 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, April 24th. Stockholders of record on Monday, April 20th were issued a dividend of $0.0632 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is a boost from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Monday, April 20th.

Invesco BulletShares 2031 Corporate Bond ETF Profile

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.