Northwestern Mutual Wealth Management Co. Boosts Stake in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU)

Northwestern Mutual Wealth Management Co. grew its stake in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) by 14.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,063 shares of the company’s stock after acquiring an additional 5,365 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invesco BulletShares 2030 Corporate Bond ETF were worth $684,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in BSCU. Concourse Financial Group Securities Inc. purchased a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the first quarter valued at about $28,000. Vima LLC purchased a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the fourth quarter valued at about $30,000. YHB Investment Advisors Inc. purchased a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 1st quarter valued at approximately $46,000. Key Financial Inc acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the second quarter worth $73,000. Finally, Larson Financial Group LLC purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF in the 2nd quarter worth $114,000.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

Shares of BSCU stock opened at $16.74 on Tuesday. Invesco BulletShares 2030 Corporate Bond ETF has a fifty-two week low of $15.19 and a fifty-two week high of $17.14. The stock’s 50-day simple moving average is $16.85 and its 200-day simple moving average is $16.47.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.061 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.73 annualized dividend and a yield of 4.37%.

Invesco BulletShares 2030 Corporate Bond ETF Company 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.