Waycross Investment Management Co Purchases 379,169 Shares of Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Waycross Investment Management Co bought a new stake in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 379,169 shares of the company’s stock, valued at approximately $5,979,000. Invesco BulletShares 2031 Corporate Bond ETF comprises about 5.2% of Waycross Investment Management Co’s portfolio, making the stock its 5th biggest holding. Waycross Investment Management Co owned 0.33% of Invesco BulletShares 2031 Corporate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Avior Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at approximately $40,945,000. Waverly Advisors LLC raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 5,276.1% during the second quarter. Waverly Advisors LLC now owns 1,255,637 shares of the company’s stock valued at $20,574,000 after buying an additional 1,232,281 shares during the last quarter. Decker Wealth Management LLC acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF during the 1st quarter worth $7,995,000. Red Spruce Capital LLC bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at about $6,657,000. Finally, Bank of America Corp DE lifted its position in Invesco BulletShares 2031 Corporate Bond ETF by 17.7% in the first quarter. Bank of America Corp DE now owns 2,048,401 shares of the company’s stock worth $33,717,000 after purchasing an additional 307,897 shares during the period.

Invesco BulletShares 2031 Corporate Bond ETF Trading Down 0.0%

BSCV traded down $0.01 during trading on Wednesday, reaching $15.84. The company had a trading volume of 930,495 shares, compared to its average volume of 546,341. Invesco BulletShares 2031 Corporate Bond ETF has a 12-month low of $15.73 and a 12-month high of $17.04. The firm’s 50-day simple moving average is $16.06 and its 200 day simple moving average is $16.28.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a $0.0634 dividend. This is a decrease from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.0672. This represents a $0.76 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Monday, September 21st.

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. BSCV was launched on Sep 15, 2021 and is managed by Invesco.