Asset Dedication LLC Increases Holdings in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU)

Asset Dedication LLC raised its stake in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 7.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 428,691 shares of the company’s stock after buying an additional 30,103 shares during the quarter. Asset Dedication LLC owned approximately 0.88% of Invesco BulletShares 2030 Corporate Bond ETF worth $6,971,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Strategic Financial Concepts LLC grew its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1,118.5% in the second quarter. Strategic Financial Concepts LLC now owns 350,911 shares of the company’s stock valued at $57,000 after purchasing an additional 322,113 shares during the period. SFE Investment Counsel grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 11.7% in the 2nd quarter. SFE Investment Counsel now owns 33,486 shares of the company’s stock valued at $544,000 after buying an additional 3,498 shares during the period. Private Advisor Group LLC grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 117.7% in the 2nd quarter. Private Advisor Group LLC now owns 193,183 shares of the company’s stock valued at $3,141,000 after buying an additional 104,454 shares during the period. Addison Advisors LLC raised its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 16.8% during the 2nd quarter. Addison Advisors LLC now owns 186,473 shares of the company’s stock valued at $3,032,000 after buying an additional 26,820 shares during the period. Finally, Larson Financial Group LLC acquired a new position in Invesco BulletShares 2030 Corporate Bond ETF in the second quarter valued at approximately $114,000.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

BSCU stock opened at $16.94 on Friday. Invesco BulletShares 2030 Corporate Bond ETF has a 52-week low of $15.19 and a 52-week high of $17.14. The business has a fifty day moving average of $16.62 and a two-hundred day moving average of $16.37.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were given a dividend of $0.071 per share. This represents a $0.85 dividend on an annualized basis and a dividend yield of 5.03%. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, August 19th.

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.