Truist Financial Corp Reduces Position in Invesco BulletShares 2030 Corporate Bond ETF $BSCU

Truist Financial Corp decreased its holdings in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 47.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 229,656 shares of the company’s stock after selling 207,480 shares during the quarter. Truist Financial Corp’s holdings in Invesco BulletShares 2030 Corporate Bond ETF were worth $3,886,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Montag A & Associates Inc. lifted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 11.0% in the fourth quarter. Montag A & Associates Inc. now owns 15,167 shares of the company’s stock worth $257,000 after acquiring an additional 1,500 shares during the last quarter. AlphaStar Capital Management LLC acquired a new stake in Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter valued at $2,366,000. Souders Financial Advisors boosted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 4.6% in the fourth quarter. Souders Financial Advisors now owns 235,774 shares of the company’s stock worth $3,989,000 after buying an additional 10,317 shares during the period. Capital Investment Counsel LLC raised its position in Invesco BulletShares 2030 Corporate Bond ETF by 16.4% during the fourth quarter. Capital Investment Counsel LLC now owns 1,037,972 shares of the company’s stock valued at $17,562,000 after buying an additional 146,616 shares during the period. Finally, Laurel Wealth Advisors LLC lifted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 74.8% in the 4th quarter. Laurel Wealth Advisors LLC now owns 19,820 shares of the company’s stock worth $335,000 after acquiring an additional 8,481 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

BSCU stock opened at $16.74 on Tuesday. The firm has a 50 day simple moving average of $16.78 and a 200 day simple moving average of $16.88. Invesco BulletShares 2030 Corporate Bond ETF has a 52 week low of $16.45 and a 52 week high of $17.06.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 20th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, April 20th. This is a positive change from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.