Meridian Financial Partners LLC Makes New Investment in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU)

Meridian Financial Partners LLC purchased a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,560 shares of the company’s stock, valued at approximately $484,000.

Other hedge funds have also recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. boosted its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 8.3% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 9,207 shares of the company’s stock valued at $151,000 after buying an additional 705 shares in the last quarter. Dover Advisors LLC grew its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1.5% in the third quarter. Dover Advisors LLC now owns 53,106 shares of the company’s stock valued at $900,000 after purchasing an additional 800 shares during the last quarter. Country Club Bank grew its holdings 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 buying an additional 909 shares in the last quarter. Sawgrass Asset Management LLC boosted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1.1% during the second quarter. Sawgrass Asset Management LLC now owns 85,984 shares of the company’s stock worth $1,398,000 after purchasing an additional 960 shares during the last quarter. Finally, G2 Capital Management LLC OH boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 1.2% in the 2nd quarter. G2 Capital Management LLC OH now owns 86,444 shares of the company’s stock worth $1,406,000 after buying an additional 1,061 shares during the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCU opened at $16.76 on Friday. Invesco BulletShares 2030 Corporate Bond ETF has a 12 month low of $15.19 and a 12 month high of $17.14. The business has a 50-day moving average of $16.87 and a two-hundred day moving average of $16.49.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.061 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.73 dividend on an annualized basis and a dividend yield of 4.37%.

Invesco BulletShares 2030 Corporate Bond ETF Profile

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.