134,355 Shares of Invesco BulletShares 2032 Corporate Bond ETF $BSCW Bought by Farnam Financial LLC

Farnam Financial LLC bought a new stake in Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 134,355 shares of the company’s stock, valued at approximately $2,661,000. Invesco BulletShares 2032 Corporate Bond ETF makes up approximately 1.9% of Farnam Financial LLC’s holdings, making the stock its 18th biggest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of BSCW. Private Advisor Group LLC lifted its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 0.5% during the 1st quarter. Private Advisor Group LLC now owns 205,089 shares of the company’s stock valued at $4,222,000 after acquiring an additional 942 shares during the period. Hanover Advisors Inc. grew its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 5.3% in the 1st quarter. Hanover Advisors Inc. now owns 24,353 shares of the company’s stock worth $501,000 after acquiring an additional 1,232 shares during the period. Waverly Advisors LLC grew its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 9.1% in the 1st quarter. Waverly Advisors LLC now owns 17,913 shares of the company’s stock worth $369,000 after acquiring an additional 1,495 shares during the period. Noble Wealth Management PBC acquired a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 3rd quarter worth approximately $35,000. Finally, Novare Capital Management LLC increased its stake in Invesco BulletShares 2032 Corporate Bond ETF by 1.7% in the 1st quarter. Novare Capital Management LLC now owns 118,715 shares of the company’s stock valued at $2,444,000 after purchasing an additional 2,040 shares in the last quarter.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

NASDAQ BSCW opened at $19.66 on Wednesday. The business has a 50 day moving average price of $19.95 and a 200 day moving average price of $20.31. Invesco BulletShares 2032 Corporate Bond ETF has a 1-year low of $19.55 and a 1-year high of $21.24.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Monday, October 19th will be given a dividend of $0.0833 per share. The ex-dividend date is Monday, October 19th. This is a positive change from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.0794. This represents a $1.00 dividend on an annualized basis and a yield of 5.1%.

About Invesco BulletShares 2032 Corporate Bond ETF

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) 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 2032. BSCW was launched on Sep 8, 2022 and is managed by Invesco.