Eastern Bank Trims Stock Position in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU)

Eastern Bank lessened its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 82.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 337,604 shares of the company’s stock after selling 1,536,062 shares during the quarter. Eastern Bank owned about 0.45% of Invesco BulletShares 2030 Corporate Bond ETF worth $5,527,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Capital Investment Advisors LLC increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 50.5% in the 4th quarter. Capital Investment Advisors LLC now owns 18,603 shares of the company’s stock valued at $305,000 after acquiring an additional 6,241 shares during the period. Horizons Wealth Management increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 96.4% in the 4th quarter. Horizons Wealth Management now owns 198,854 shares of the company’s stock valued at $3,255,000 after acquiring an additional 97,628 shares during the period. Oliver Luxxe Assets LLC increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 57.1% in the 4th quarter. Oliver Luxxe Assets LLC now owns 19,250 shares of the company’s stock valued at $315,000 after acquiring an additional 7,000 shares during the period. JPMorgan Chase & Co. acquired a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 3rd quarter valued at $37,000. Finally, Sanctuary Advisors LLC increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 97.9% in the 3rd quarter. Sanctuary Advisors LLC now owns 117,331 shares of the company’s stock valued at $1,925,000 after acquiring an additional 58,054 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

BSCU traded down $0.02 during trading on Monday, hitting $16.20. The stock had a trading volume of 580,192 shares, compared to its average volume of 795,008. The company’s 50-day moving average price is $16.47 and its 200 day moving average price is $16.62. Invesco BulletShares 2030 Corporate Bond ETF has a twelve month low of $15.89 and a twelve month high of $17.13.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.0637 dividend. The ex-dividend date was Monday, December 23rd.

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.