Motley Fool Wealth Management LLC Decreases Holdings in Invesco BulletShares 2031 Corporate Bond ETF $BSCV

Motley Fool Wealth Management LLC cut its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) by 12.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 867,326 shares of the company’s stock after selling 119,735 shares during the period. Invesco BulletShares 2031 Corporate Bond ETF comprises approximately 1.1% of Motley Fool Wealth Management LLC’s holdings, making the stock its 22nd largest position. Motley Fool Wealth Management LLC’s holdings in Invesco BulletShares 2031 Corporate Bond ETF were worth $14,480,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. AlphaCore Capital LLC purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter valued at $33,000. Farther Finance Advisors LLC raised its stake in Invesco BulletShares 2031 Corporate Bond ETF by 248.4% during the 4th quarter. Farther Finance Advisors LLC now owns 2,439 shares of the company’s stock valued at $41,000 after buying an additional 1,739 shares during the last quarter. Laurel Wealth Advisors LLC purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter valued at $50,000. Advisory Services Network LLC purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter valued at $92,000. Finally, PNC Financial Services Group Inc. raised its stake in 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 valued at $101,000 after buying an additional 3,034 shares during the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Trading Up 0.2%

Shares of BSCV opened at $16.38 on Wednesday. The firm has a fifty day simple moving average of $16.46 and a two-hundred day simple moving average of $16.60. Invesco BulletShares 2031 Corporate Bond ETF has a 1-year low of $16.23 and a 1-year high of $17.04.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were paid a dividend of $0.066 per share. The ex-dividend date was Monday, May 18th. This represents a c) dividend on an annualized basis and a yield of 4.8%. This is a boost from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06.

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.