TruWealth Advisors LLC Acquires New Stake in Invesco BulletShares 2031 Corporate Bond ETF $BSCV

TruWealth Advisors LLC bought a new position in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,277,144 shares of the company’s stock, valued at approximately $21,322,000.

A number of other institutional investors have also recently made changes to their positions in BSCV. Integrated Wealth Concepts LLC increased its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 34.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 23,017 shares of the company’s stock worth $375,000 after acquiring an additional 5,890 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 8.1% during the 1st quarter. NewEdge Advisors LLC now owns 65,514 shares of the company’s stock worth $1,069,000 after acquiring an additional 4,915 shares during the period. Jane Street Group LLC grew its stake in Invesco BulletShares 2031 Corporate Bond ETF by 343.5% in the 1st quarter. Jane Street Group LLC now owns 159,961 shares of the company’s stock worth $2,609,000 after buying an additional 123,893 shares in the last quarter. Cetera Investment Advisers increased its stake in Invesco BulletShares 2031 Corporate Bond ETF by 54.5% in the second quarter. Cetera Investment Advisers now owns 39,268 shares of the company’s stock valued at $649,000 after acquiring an additional 13,845 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Invesco BulletShares 2031 Corporate Bond ETF by 11,403.3% in the second quarter. JPMorgan Chase & Co. now owns 261,471 shares of the company’s stock valued at $4,322,000 after acquiring an additional 259,198 shares during the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

NASDAQ BSCV opened at $16.42 on Friday. The stock’s 50-day simple moving average is $16.68 and its two-hundred day simple moving average is $16.70. Invesco BulletShares 2031 Corporate Bond ETF has a twelve month low of $15.84 and a twelve month high of $17.06.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

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

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.