BCS Wealth Management Cuts Position in Invesco BulletShares 2034 Corporate Bond ETF $BSCY

BCS Wealth Management decreased its holdings in Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) by 49.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 339,077 shares of the company’s stock after selling 327,143 shares during the quarter. Invesco BulletShares 2034 Corporate Bond ETF accounts for about 1.4% of BCS Wealth Management’s holdings, making the stock its 15th largest holding. BCS Wealth Management’s holdings in Invesco BulletShares 2034 Corporate Bond ETF were worth $7,018,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of BSCY. Novare Capital Management LLC grew its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 4.9% in the first quarter. Novare Capital Management LLC now owns 73,891 shares of the company’s stock valued at $1,529,000 after purchasing an additional 3,452 shares during the period. Clark Asset Management LLC raised its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 24.0% during the 1st quarter. Clark Asset Management LLC now owns 323,095 shares of the company’s stock worth $6,687,000 after purchasing an additional 62,601 shares during the last quarter. Invesco Ltd. raised its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 6.0% during the 4th quarter. Invesco Ltd. now owns 831,500 shares of the company’s stock worth $17,478,000 after purchasing an additional 47,000 shares during the last quarter. Equitable Holdings Inc. raised its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 7.5% during the 4th quarter. Equitable Holdings Inc. now owns 277,455 shares of the company’s stock worth $5,832,000 after purchasing an additional 19,260 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 40.0% in the 4th quarter. Osaic Holdings Inc. now owns 105,099 shares of the company’s stock valued at $2,209,000 after buying an additional 30,005 shares in the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Trading Up 0.0%

BSCY stock opened at $20.59 on Wednesday. Invesco BulletShares 2034 Corporate Bond ETF has a 12-month low of $20.35 and a 12-month high of $21.29. The business’s 50-day moving average is $20.71 and its 200 day moving average is $20.88.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 22nd will be issued a $0.0881 dividend. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Monday, June 22nd. This is an increase from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.08.

About Invesco BulletShares 2034 Corporate Bond ETF

The Invesco BulletShares 2034 Corporate Bond ETF (BSCY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate bonds with effective maturities in 2034. BSCY was launched on Jun 12, 2024 and is issued by Invesco.