Horizons Wealth Management Raises Stock Position in Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Horizons Wealth Management increased its position in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) by 128.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 216,296 shares of the company’s stock after buying an additional 121,493 shares during the quarter. Invesco BulletShares 2031 Corporate Bond ETF comprises approximately 2.4% of Horizons Wealth Management’s portfolio, making the stock its 15th largest position. Horizons Wealth Management’s holdings in Invesco BulletShares 2031 Corporate Bond ETF were worth $3,611,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Davis Capital Management purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the third quarter valued at $53,000. Advisory Services Network LLC acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter worth about $92,000. PNC Financial Services Group Inc. increased its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 100.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 6,045 shares of the company’s stock worth $101,000 after purchasing an additional 3,034 shares during the last quarter. Stratos Wealth Partners LTD. purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at about $171,000. Finally, Kingsview Wealth Management LLC purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at about $177,000.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

Shares of BSCV stock opened at $16.53 on Friday. The firm’s 50 day moving average price is $16.69 and its 200-day moving average price is $16.71. Invesco BulletShares 2031 Corporate Bond ETF has a one year low of $15.84 and a one year high of $17.06.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were given a $0.0621 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 4.5%.

About Invesco BulletShares 2031 Corporate Bond ETF

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.