Addison Advisors LLC Grows Stake in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU)

Addison Advisors LLC grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 16.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 186,473 shares of the company’s stock after purchasing an additional 26,820 shares during the quarter. Invesco BulletShares 2030 Corporate Bond ETF accounts for 1.0% of Addison Advisors LLC’s investment portfolio, making the stock its 29th biggest position. Addison Advisors LLC owned 0.38% of Invesco BulletShares 2030 Corporate Bond ETF worth $3,032,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Benjamin F. Edwards & Company Inc. lifted its position in Invesco BulletShares 2030 Corporate Bond ETF by 8.3% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 9,207 shares of the company’s stock worth $151,000 after acquiring an additional 705 shares in the last quarter. Country Club Bank lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 0.4% during the second quarter. Country Club Bank now owns 256,164 shares of the company’s stock worth $4,173,000 after purchasing an additional 909 shares in the last quarter. Sawgrass Asset Management LLC boosted its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1.1% in the second quarter. Sawgrass Asset Management LLC now owns 85,984 shares of the company’s stock valued at $1,398,000 after purchasing an additional 960 shares during the period. Sigma Investment Counselors Inc. grew its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 5.1% during the 1st quarter. Sigma Investment Counselors Inc. now owns 22,061 shares of the company’s stock valued at $362,000 after purchasing an additional 1,080 shares in the last quarter. Finally, Timber Creek Capital Management LLC increased its stake in Invesco BulletShares 2030 Corporate Bond ETF by 3.1% during the 1st quarter. Timber Creek Capital Management LLC now owns 49,717 shares of the company’s stock worth $815,000 after buying an additional 1,501 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

BSCU stock traded up $0.04 during trading on Friday, reaching $16.97. The stock had a trading volume of 55,171 shares, compared to its average volume of 276,103. The firm has a fifty day moving average price of $16.61 and a 200 day moving average price of $16.37. Invesco BulletShares 2030 Corporate Bond ETF has a 1-year low of $15.19 and a 1-year high of $17.14.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were paid a $0.071 dividend. This is a boost from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, August 19th. This represents a $0.85 annualized dividend and a dividend yield of 5.02%.

About Invesco BulletShares 2030 Corporate Bond ETF

The Invesco BulletShares 2030 Corporate Bond ETF (BSCU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate investment grade bonds with effective maturities in 2030. BSCU was launched on Sep 16, 2020 and is managed by Invesco.