Sterling Financial Group Inc. Acquires 7,331 Shares of Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW)

Sterling Financial Group Inc. boosted its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) by 1.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 534,898 shares of the company’s stock after purchasing an additional 7,331 shares during the period. Invesco BulletShares 2032 Corporate Bond ETF makes up approximately 4.8% of Sterling Financial Group Inc.’s holdings, making the stock its 10th biggest position. Sterling Financial Group Inc.’s holdings in Invesco BulletShares 2032 Corporate Bond ETF were worth $11,217,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. boosted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 102.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 928,699 shares of the company’s stock worth $18,593,000 after purchasing an additional 469,777 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 57.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 21,306 shares of the company’s stock worth $427,000 after buying an additional 7,738 shares during the last quarter. Tlwm grew its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 25.5% in the first quarter. Tlwm now owns 63,737 shares of the company’s stock worth $1,291,000 after acquiring an additional 12,941 shares during the last quarter. Raymond James & Associates increased its position in Invesco BulletShares 2032 Corporate Bond ETF by 382.7% during the second quarter. Raymond James & Associates now owns 1,305,613 shares of the company’s stock worth $26,138,000 after acquiring an additional 1,035,140 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in Invesco BulletShares 2032 Corporate Bond ETF during the 2nd quarter valued at $822,000.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCW traded down $0.07 during trading on Wednesday, hitting $20.39. 14,384 shares of the stock were exchanged, compared to its average volume of 128,782. Invesco BulletShares 2032 Corporate Bond ETF has a 1-year low of $18.61 and a 1-year high of $22.61. The company’s fifty day simple moving average is $20.86 and its 200-day simple moving average is $20.37.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, October 25th. Shareholders of record on Monday, October 21st will be paid a dividend of $0.084 per share. This is a boost from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend is Monday, October 21st. This represents a $1.01 dividend on an annualized basis and a yield of 4.94%.

About Invesco BulletShares 2032 Corporate Bond ETF

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) 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 2032. BSCW was launched on Sep 8, 2022 and is managed by Invesco.