LPL Financial LLC Increases Stock Position in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV)

LPL Financial LLC raised its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) by 11.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,599,385 shares of the company’s stock after purchasing an additional 165,711 shares during the period. LPL Financial LLC’s holdings in Invesco BulletShares 2031 Corporate Bond ETF were worth $25,670,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in BSCV. Stifel Financial Corp increased its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 58.0% in the 3rd quarter. Stifel Financial Corp now owns 55,162 shares of the company’s stock valued at $920,000 after purchasing an additional 20,241 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 3.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 248,336 shares of the company’s stock valued at $3,986,000 after buying an additional 9,254 shares in the last quarter. Truist Financial Corp raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 46.6% in the 4th quarter. Truist Financial Corp now owns 32,003 shares of the company’s stock valued at $514,000 after buying an additional 10,174 shares during the period. Avantax Advisory Services Inc. lifted its stake in Invesco BulletShares 2031 Corporate Bond ETF by 256.1% during the 4th quarter. Avantax Advisory Services Inc. now owns 38,267 shares of the company’s stock worth $614,000 after acquiring an additional 27,521 shares in the last quarter. Finally, Coordinated Financial Services Inc. purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter valued at about $478,000.

Invesco BulletShares 2031 Corporate Bond ETF Stock Up 0.5 %

NASDAQ BSCV opened at $16.31 on Monday. The stock has a 50-day moving average of $16.21 and a two-hundred day moving average of $16.27. Invesco BulletShares 2031 Corporate Bond ETF has a 1-year low of $15.57 and a 1-year high of $17.16.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.0645 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco BulletShares 2031 Corporate Bond ETF’s previous 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.