Marietta Wealth Management LLC Invests $5.95 Million in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV)

Marietta Wealth Management LLC bought a new position in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 356,824 shares of the company’s stock, valued at approximately $5,948,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Tlwm grew its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 22.6% during the 1st quarter. Tlwm now owns 70,556 shares of the company’s stock valued at $1,137,000 after buying an additional 13,000 shares during the period. Atlantic Union Bankshares Corp raised its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 21.3% in the first quarter. Atlantic Union Bankshares Corp now owns 686,889 shares of the company’s stock valued at $11,073,000 after buying an additional 120,827 shares during the period. Independence Bank of Kentucky lifted its position in Invesco BulletShares 2031 Corporate Bond ETF by 64.7% during the first quarter. Independence Bank of Kentucky now owns 36,003 shares of the company’s stock valued at $580,000 after buying an additional 14,149 shares in the last quarter. Exchange Capital Management Inc. grew its stake in Invesco BulletShares 2031 Corporate Bond ETF by 49.4% during the first quarter. Exchange Capital Management Inc. now owns 144,379 shares of the company’s stock worth $2,327,000 after buying an additional 47,753 shares during the period. Finally, American National Bank & Trust Co. VA acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the first quarter worth $246,000.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

NASDAQ:BSCV opened at $16.30 on Wednesday. Invesco BulletShares 2031 Corporate Bond ETF has a twelve month low of $14.78 and a twelve month high of $17.85. The firm’s fifty day simple moving average is $16.58 and its 200 day simple moving average is $16.21.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, October 25th. Stockholders of record on Monday, October 21st will be given a $0.066 dividend. This is an increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date is Monday, October 21st. This represents a $0.79 annualized dividend and a dividend yield of 4.86%.

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.