Exchange Capital Management Inc. Cuts Stock Position in Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP)

Exchange Capital Management Inc. cut its stake in shares of Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) by 32.2% during the fourth quarter, HoldingsChannel reports. The firm owned 141,015 shares of the company’s stock after selling 67,054 shares during the quarter. Exchange Capital Management Inc.’s holdings in Invesco BulletShares 2025 Corporate Bond ETF were worth $2,912,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Invesco BulletShares 2025 Corporate Bond ETF during the 3rd quarter valued at about $26,000. Wilmington Savings Fund Society FSB acquired a new position in Invesco BulletShares 2025 Corporate Bond ETF during the 3rd quarter worth about $31,000. Creative Financial Designs Inc. ADV purchased a new position in shares of Invesco BulletShares 2025 Corporate Bond ETF in the 3rd quarter valued at about $43,000. Vontobel Holding Ltd. acquired a new position in shares of Invesco BulletShares 2025 Corporate Bond ETF in the 4th quarter valued at $206,000. Finally, BNP Paribas Financial Markets acquired a new position in Invesco BulletShares 2025 Corporate Bond ETF in the 3rd quarter valued at about $211,000.

Invesco BulletShares 2025 Corporate Bond ETF Stock Performance

Invesco BulletShares 2025 Corporate Bond ETF stock opened at $20.67 on Tuesday. Invesco BulletShares 2025 Corporate Bond ETF has a 1-year low of $20.37 and a 1-year high of $20.73. The stock’s 50 day moving average price is $20.68 and its 200 day moving average price is $20.65.

Invesco BulletShares 2025 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 24th will be given a $0.0699 dividend. The ex-dividend date is Monday, February 24th.

Invesco BulletShares 2025 Corporate Bond ETF Profile

The Invesco Bulletshares 2025 Corporate Bond ETF (BSCP) 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 2025. The fund will unwind in December 2025 and return capital and proceeds to investors.