Avantax Advisory Services Inc. Raises Stake in Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP)

Avantax Advisory Services Inc. lifted its position in shares of Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) by 11.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 243,324 shares of the company’s stock after buying an additional 25,564 shares during the quarter. Avantax Advisory Services Inc. owned approximately 0.13% of Invesco BulletShares 2025 Corporate Bond ETF worth $4,971,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wells Fargo & Company MN grew its holdings in Invesco BulletShares 2025 Corporate Bond ETF by 5.6% in the fourth quarter. Wells Fargo & Company MN now owns 4,621,341 shares of the company’s stock valued at $94,530,000 after purchasing an additional 244,428 shares during the period. UBS Group AG grew its holdings in Invesco BulletShares 2025 Corporate Bond ETF by 79.3% in the fourth quarter. UBS Group AG now owns 3,576,675 shares of the company’s stock valued at $73,161,000 after purchasing an additional 1,581,784 shares during the period. Motley Fool Wealth Management LLC grew its holdings in Invesco BulletShares 2025 Corporate Bond ETF by 39.2% in the fourth quarter. Motley Fool Wealth Management LLC now owns 2,427,788 shares of the company’s stock valued at $49,657,000 after purchasing an additional 683,926 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in Invesco BulletShares 2025 Corporate Bond ETF by 3.9% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 1,762,377 shares of the company’s stock valued at $36,005,000 after purchasing an additional 66,374 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in Invesco BulletShares 2025 Corporate Bond ETF by 14.2% in the first quarter. Commonwealth Equity Services LLC now owns 1,508,565 shares of the company’s stock valued at $30,820,000 after purchasing an additional 187,140 shares during the period.

Invesco BulletShares 2025 Corporate Bond ETF Price Performance

BSCP traded up $0.01 during trading on Tuesday, hitting $20.57. 738,068 shares of the company’s stock were exchanged, compared to its average volume of 842,511. Invesco BulletShares 2025 Corporate Bond ETF has a 1 year low of $20.06 and a 1 year high of $20.57. The stock has a 50 day moving average price of $20.47 and a 200 day moving average price of $20.45.

Invesco BulletShares 2025 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a dividend of $0.0692 per share. This is an increase from Invesco BulletShares 2025 Corporate Bond ETF’s previous monthly dividend of $0.04. This represents a $0.83 annualized dividend and a yield of 4.04%. The ex-dividend date of this dividend was Monday, June 24th.

Invesco BulletShares 2025 Corporate Bond ETF Company Profile

The Invesco Bulletshares 2025 Corporate Bond ETF (BSCP) 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 2025. The fund will unwind in December 2025 and return capital and proceeds to investors.