Envestnet Asset Management Inc. Boosts Stake in Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Envestnet Asset Management Inc. grew its position in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) by 19.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 434,545 shares of the company’s stock after buying an additional 69,314 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco BulletShares 2031 Corporate Bond ETF were worth $7,248,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Davis Capital Management purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the third quarter valued at approximately $53,000. Key Financial Inc increased its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 124.3% during the 2nd quarter. Key Financial Inc now owns 10,249 shares of the company’s stock valued at $169,000 after purchasing an additional 5,679 shares during the last quarter. Darden Wealth Group Inc bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 2nd quarter worth $198,000. Milestones Private Investment Advisors LLC bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 2nd quarter worth $205,000. Finally, Redwood Financial Network Corp boosted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 10.2% in the 2nd quarter. Redwood Financial Network Corp now owns 12,883 shares of the company’s stock worth $213,000 after buying an additional 1,197 shares during the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

BSCV opened at $16.81 on Friday. Invesco BulletShares 2031 Corporate Bond ETF has a fifty-two week low of $15.84 and a fifty-two week high of $17.06. The firm has a 50-day moving average of $16.71 and a 200 day moving average of $16.70.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were paid a dividend of $0.0624 per share. The ex-dividend date was Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 4.5%.

About Invesco BulletShares 2031 Corporate Bond ETF

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.