Clearstead Advisors LLC Buys 245,555 Shares of Invesco BulletShares 2030 Corporate Bond ETF $BSCU

Clearstead Advisors LLC grew its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 7.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,580,586 shares of the company’s stock after buying an additional 245,555 shares during the period. Invesco BulletShares 2030 Corporate Bond ETF accounts for 0.8% of Clearstead Advisors LLC’s portfolio, making the stock its 29th largest position. Clearstead Advisors LLC’s holdings in Invesco BulletShares 2030 Corporate Bond ETF were worth $60,584,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of BSCU. AE Wealth Management LLC bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the third quarter valued at approximately $31,000. AlphaCore Capital LLC bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the fourth quarter valued at approximately $34,000. International Assets Investment Management LLC bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the fourth quarter valued at approximately $53,000. Crews Bank & Trust grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 223.6% during the fourth quarter. Crews Bank & Trust now owns 5,340 shares of the company’s stock valued at $90,000 after buying an additional 3,690 shares during the last quarter. Finally, Private Trust Co. NA bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the fourth quarter valued at approximately $105,000.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

BSCU opened at $16.60 on Monday. The stock’s 50 day moving average price is $16.73 and its 200-day moving average price is $16.86. Invesco BulletShares 2030 Corporate Bond ETF has a one year low of $16.50 and a one year high of $17.06.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a $0.0649 dividend. The ex-dividend date was Monday, May 18th. This is a positive change from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

About Invesco BulletShares 2030 Corporate Bond ETF

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.