Exchange Capital Management Inc. Trims Holdings in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU)

Exchange Capital Management Inc. reduced its holdings in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 161,377 shares of the company’s stock after selling 1,952 shares during the quarter. Exchange Capital Management Inc.’s holdings in Invesco BulletShares 2030 Corporate Bond ETF were worth $2,642,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BSCU. TruWealth Advisors LLC grew its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 380.8% in the fourth quarter. TruWealth Advisors LLC now owns 3,278,163 shares of the company’s stock worth $53,664,000 after purchasing an additional 2,596,320 shares during the period. Aptus Capital Advisors LLC raised its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 37.7% in the third quarter. Aptus Capital Advisors LLC now owns 3,350,928 shares of the company’s stock worth $56,798,000 after buying an additional 916,839 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 2,579.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 781,161 shares of the company’s stock valued at $12,788,000 after buying an additional 752,002 shares during the last quarter. MONECO Advisors LLC raised its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 115.0% in the 3rd quarter. MONECO Advisors LLC now owns 448,054 shares of the company’s stock worth $7,595,000 after acquiring an additional 239,675 shares during the last quarter. Finally, Atlantic Union Bankshares Corp boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 16.9% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 1,403,744 shares of the company’s stock valued at $23,791,000 after purchasing an additional 203,421 shares during the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Trading Down 0.2 %

NASDAQ BSCU opened at $16.48 on Tuesday. The stock has a 50-day moving average of $16.38 and a 200 day moving average of $16.60. Invesco BulletShares 2030 Corporate Bond ETF has a one year low of $15.89 and a one year high of $17.13.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, February 28th. Shareholders of record on Monday, February 24th will be given a $0.0615 dividend. The ex-dividend date is Monday, February 24th. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous dividend of $0.06.

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.