989,948 Shares in Invesco BulletShares 2031 Corporate Bond ETF $BSCV Purchased by GPM Growth Investors Inc.

GPM Growth Investors Inc. purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 989,948 shares of the company’s stock, valued at approximately $15,611,000. Invesco BulletShares 2031 Corporate Bond ETF comprises about 6.7% of GPM Growth Investors Inc.’s investment portfolio, making the stock its 3rd biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of BSCV. Avior Wealth Management LLC bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter worth approximately $40,945,000. Hengehold Capital Management LLC acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter worth $38,809,000. Waverly Advisors LLC boosted its position in Invesco BulletShares 2031 Corporate Bond ETF by 5,276.1% in the 2nd quarter. Waverly Advisors LLC now owns 1,255,637 shares of the company’s stock valued at $20,574,000 after buying an additional 1,232,281 shares during the last quarter. Kirr Marbach & Co. LLC IN bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at $11,402,000. Finally, Decker Wealth Management LLC bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 1st quarter valued at $7,995,000.

Invesco BulletShares 2031 Corporate Bond ETF Stock Up 0.4%

Shares of BSCV opened at $16.01 on Thursday. Invesco BulletShares 2031 Corporate Bond ETF has a 12-month low of $15.73 and a 12-month high of $16.82. The stock’s fifty day simple moving average is $15.95 and its 200-day simple moving average is $16.34.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were issued a dividend of $0.0650 per share. The ex-dividend date of this dividend was Monday, October 19th. This represents a $0.78 annualized dividend and a yield of 4.9%. This is an increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.0634.

Invesco BulletShares 2031 Corporate Bond ETF Company 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.