Eastern Bank Sells 1,379,813 Shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV)

Eastern Bank reduced its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) by 73.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 505,847 shares of the company’s stock after selling 1,379,813 shares during the period. Eastern Bank owned about 1.32% of Invesco BulletShares 2031 Corporate Bond ETF worth $8,432,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Tlwm raised its position in Invesco BulletShares 2031 Corporate Bond ETF by 22.6% during the 1st quarter. Tlwm now owns 70,556 shares of the company’s stock valued at $1,137,000 after purchasing an additional 13,000 shares in the last quarter. Atlantic Union Bankshares Corp raised its position in Invesco BulletShares 2031 Corporate Bond ETF by 21.3% during the 1st quarter. Atlantic Union Bankshares Corp now owns 686,889 shares of the company’s stock valued at $11,073,000 after purchasing an additional 120,827 shares in the last quarter. Independence Bank of Kentucky raised its position in Invesco BulletShares 2031 Corporate Bond ETF by 64.7% during the 1st quarter. Independence Bank of Kentucky now owns 36,003 shares of the company’s stock valued at $580,000 after purchasing an additional 14,149 shares in the last quarter. Exchange Capital Management Inc. raised its position in Invesco BulletShares 2031 Corporate Bond ETF by 49.4% during the 1st quarter. Exchange Capital Management Inc. now owns 144,379 shares of the company’s stock valued at $2,327,000 after purchasing an additional 47,753 shares in the last quarter. Finally, American National Bank & Trust Co. VA bought a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the 1st quarter valued at $246,000.

Invesco BulletShares 2031 Corporate Bond ETF Trading Down 0.1 %

NASDAQ BSCV traded down $0.01 on Tuesday, reaching $16.30. 50,727 shares of the stock traded hands, compared to its average volume of 174,107. The company has a fifty day moving average price of $16.59 and a 200-day moving average price of $16.21. Invesco BulletShares 2031 Corporate Bond ETF has a 12 month low of $14.78 and a 12 month high of $17.85.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 25th. Shareholders of record on Monday, October 21st will be given a dividend of $0.066 per share. The ex-dividend date of this dividend is Monday, October 21st. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a $0.79 dividend on an annualized basis and a yield of 4.86%.

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.