Exchange Capital Management Inc. Raises Stock Position in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV)

Exchange Capital Management Inc. boosted its position in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) by 49.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 144,379 shares of the company’s stock after purchasing an additional 47,753 shares during the period. Exchange Capital Management Inc.’s holdings in Invesco BulletShares 2031 Corporate Bond ETF were worth $2,327,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Independence Bank of Kentucky raised its stake in Invesco BulletShares 2031 Corporate Bond ETF by 64.7% during the first quarter. Independence Bank of Kentucky now owns 36,003 shares of the company’s stock worth $580,000 after purchasing an additional 14,149 shares during the period. Atlantic Union Bankshares Corp raised its stake in Invesco BulletShares 2031 Corporate Bond ETF by 21.3% during the first quarter. Atlantic Union Bankshares Corp now owns 686,889 shares of the company’s stock worth $11,073,000 after purchasing an additional 120,827 shares during the period. Tlwm raised its stake in Invesco BulletShares 2031 Corporate Bond ETF by 22.6% during the first quarter. Tlwm now owns 70,556 shares of the company’s stock worth $1,137,000 after purchasing an additional 13,000 shares during the period. Sterling Financial Group Inc. raised its stake in Invesco BulletShares 2031 Corporate Bond ETF by 51.1% during the first quarter. Sterling Financial Group Inc. now owns 27,137 shares of the company’s stock worth $437,000 after purchasing an additional 9,174 shares during the period. Finally, BCS Wealth Management raised its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 33.7% in the 1st quarter. BCS Wealth Management now owns 111,211 shares of the company’s stock valued at $1,793,000 after acquiring an additional 28,062 shares during the period.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2031 Corporate Bond ETF stock traded up $0.02 on Tuesday, reaching $15.91. The company had a trading volume of 83,587 shares, compared to its average volume of 127,519. The firm’s 50 day moving average price is $15.93 and its two-hundred day moving average price is $16.04. Invesco BulletShares 2031 Corporate Bond ETF has a 52-week low of $14.78 and a 52-week high of $17.85.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a $0.0688 dividend. This represents a $0.83 dividend on an annualized basis and a dividend yield of 5.19%. This is an increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, June 24th.

Invesco BulletShares 2031 Corporate Bond ETF Profile

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.