SMI Advisory Services LLC Invests $620,000 in Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP)

SMI Advisory Services LLC acquired a new stake in shares of Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCPFree Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 30,743 shares of the company’s stock, valued at approximately $620,000. Invesco BulletShares 2025 Corporate Bond ETF makes up 0.2% of SMI Advisory Services LLC’s investment portfolio, making the stock its 26th biggest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Lido Advisors LLC raised its position in Invesco BulletShares 2025 Corporate Bond ETF by 716.2% in the first quarter. Lido Advisors LLC now owns 12,393,205 shares of the company’s stock worth $251,334,000 after acquiring an additional 10,874,752 shares in the last quarter. Bank of America Corp DE increased its stake in Invesco BulletShares 2025 Corporate Bond ETF by 47.4% in the 1st quarter. Bank of America Corp DE now owns 5,150,988 shares of the company’s stock worth $104,462,000 after purchasing an additional 1,656,553 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Invesco BulletShares 2025 Corporate Bond ETF by 106.7% in the 1st quarter. Ameriprise Financial Inc. now owns 2,398,735 shares of the company’s stock worth $48,617,000 after purchasing an additional 1,237,966 shares in the last quarter. Jane Street Group LLC increased its stake in Invesco BulletShares 2025 Corporate Bond ETF by 96.6% in the 1st quarter. Jane Street Group LLC now owns 1,766,740 shares of the company’s stock worth $36,943,000 after purchasing an additional 868,140 shares in the last quarter. Finally, Morgan Stanley increased its stake in Invesco BulletShares 2025 Corporate Bond ETF by 25.6% in the 4th quarter. Morgan Stanley now owns 4,142,532 shares of the company’s stock worth $83,431,000 after purchasing an additional 844,315 shares in the last quarter.

Invesco BulletShares 2025 Corporate Bond ETF Trading Up 0.1 %

NASDAQ:BSCP traded up $0.02 on Wednesday, hitting $20.41. 1,720,877 shares of the company’s stock traded hands, compared to its average volume of 945,604. Invesco BulletShares 2025 Corporate Bond ETF has a 1 year low of $19.97 and a 1 year high of $20.53. The firm has a 50-day moving average price of $20.45 and a 200-day moving average price of $20.28.

Invesco BulletShares 2025 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 23rd. Shareholders of record on Wednesday, February 21st were paid a dividend of $0.064 per share. This represents a $0.77 annualized dividend and a yield of 3.76%. The ex-dividend date of this dividend was Tuesday, February 20th. This is a boost from Invesco BulletShares 2025 Corporate Bond ETF’s previous monthly dividend of $0.04.

About Invesco BulletShares 2025 Corporate Bond ETF

(Free Report)

The Invesco Bulletshares 2025 Corporate Bond ETF (BSCP) 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 2025. The fund will unwind in December 2025 and return capital and proceeds to investors.

Further Reading

Institutional Ownership by Quarter for Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP)

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