Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Stake Increased by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 58.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,077,358 shares of the company’s stock after purchasing an additional 764,539 shares during the quarter. Invesco BulletShares 2030 Corporate Bond ETF makes up 1.8% of Motley Fool Wealth Management LLC’s investment portfolio, making the stock its 12th largest position. Motley Fool Wealth Management LLC’s holdings in Invesco BulletShares 2030 Corporate Bond ETF were worth $33,955,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter valued at about $62,324,000. TruWealth Advisors LLC grew its position in Invesco BulletShares 2030 Corporate Bond ETF by 380.8% during the fourth quarter. TruWealth Advisors LLC now owns 3,278,163 shares of the company’s stock valued at $53,664,000 after purchasing an additional 2,596,320 shares in the last quarter. Hills Bank & Trust Co grew its position in Invesco BulletShares 2030 Corporate Bond ETF by 8,252.6% during the fourth quarter. Hills Bank & Trust Co now owns 1,698,495 shares of the company’s stock valued at $27,804,000 after purchasing an additional 1,678,160 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in Invesco BulletShares 2030 Corporate Bond ETF by 2,579.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 781,161 shares of the company’s stock valued at $12,788,000 after buying an additional 752,002 shares during the period. Finally, Independent Advisor Alliance acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter valued at $7,013,000.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCU opened at $16.55 on Wednesday. Invesco BulletShares 2030 Corporate Bond ETF has a 12-month low of $15.89 and a 12-month high of $17.13. The firm has a fifty day moving average of $16.48 and a two-hundred day moving average of $16.56.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a $0.0622 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous dividend of $0.06.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

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.