Masso Torrence Wealth Management Inc. Boosts Stock Position in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU)

Masso Torrence Wealth Management Inc. raised its position in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 4.9% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 47,533 shares of the company’s stock after buying an additional 2,229 shares during the quarter. Masso Torrence Wealth Management Inc. owned about 0.10% of Invesco BulletShares 2030 Corporate Bond ETF worth $773,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of BSCU. Wells Fargo & Company MN increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 51.6% during the fourth quarter. Wells Fargo & Company MN now owns 2,029,857 shares of the company’s stock worth $33,767,000 after purchasing an additional 690,888 shares in the last quarter. Raymond James & Associates raised its stake in Invesco BulletShares 2030 Corporate Bond ETF by 143.9% in the 2nd quarter. Raymond James & Associates now owns 1,934,521 shares of the company’s stock worth $31,455,000 after acquiring an additional 1,141,238 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC lifted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 5,129.0% during the fourth quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 1,416,951 shares of the company’s stock worth $23,571,000 after purchasing an additional 1,389,853 shares during the period. Tlwm boosted its position in Invesco BulletShares 2030 Corporate Bond ETF by 2.9% in the second quarter. Tlwm now owns 1,412,952 shares of the company’s stock valued at $22,975,000 after buying an additional 39,385 shares during the last quarter. Finally, Hengehold Capital Management LLC increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 5.5% in the 2nd quarter. Hengehold Capital Management LLC now owns 1,181,297 shares of the company’s stock worth $19,208,000 after buying an additional 61,449 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

NASDAQ BSCU traded up $0.04 on Tuesday, hitting $16.75. 302,954 shares of the company’s stock traded hands, compared to its average volume of 257,542. Invesco BulletShares 2030 Corporate Bond ETF has a 1-year low of $15.19 and a 1-year high of $17.14. The firm’s 50-day moving average price is $16.49 and its two-hundred day moving average price is $16.33.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 23rd. Shareholders of record on Monday, August 19th will be given a dividend of $0.071 per share. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a $0.85 annualized dividend and a yield of 5.09%. The ex-dividend date is Monday, August 19th.

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.