Red Spruce Capital LLC Has $6.92 Million Stock Position in Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Red Spruce Capital LLC lifted its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) by 915.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 422,257 shares of the company’s stock after buying an additional 380,668 shares during the period. Invesco BulletShares 2031 Corporate Bond ETF comprises approximately 2.4% of Red Spruce Capital LLC’s investment portfolio, making the stock its 11th biggest position. Red Spruce Capital LLC owned approximately 0.39% of Invesco BulletShares 2031 Corporate Bond ETF worth $6,919,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Clark Asset Management LLC raised its position in Invesco BulletShares 2031 Corporate Bond ETF by 17.9% in the second quarter. Clark Asset Management LLC now owns 1,149,628 shares of the company’s stock valued at $18,837,000 after purchasing an additional 174,678 shares during the last quarter. Somerset Trust Co bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 2nd quarter valued at approximately $188,000. NewEdge Advisors LLC grew its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 43.1% during the 1st quarter. NewEdge Advisors LLC now owns 125,177 shares of the company’s stock worth $2,060,000 after acquiring an additional 37,709 shares during the last quarter. Asset Dedication LLC increased its position in Invesco BulletShares 2031 Corporate Bond ETF by 6.0% in the 1st quarter. Asset Dedication LLC now owns 526,220 shares of the company’s stock valued at $8,662,000 after acquiring an additional 29,891 shares during the period. Finally, Coastline Complete Wealth LLC raised its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 1,175.5% during the first quarter. Coastline Complete Wealth LLC now owns 234,726 shares of the company’s stock valued at $3,864,000 after acquiring an additional 216,324 shares during the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Trading Down 0.3%

Shares of NASDAQ:BSCV opened at $16.27 on Friday. Invesco BulletShares 2031 Corporate Bond ETF has a 52 week low of $16.16 and a 52 week high of $17.04. The firm’s fifty day moving average is $16.34 and its 200-day moving average is $16.49.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were given a dividend of $0.065 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Monday, July 20th.

Invesco BulletShares 2031 Corporate Bond ETF Company 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. BSCV was launched on Sep 15, 2021 and is managed by Invesco.