Sterling Financial Group Inc. Boosts Position in Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW)

Sterling Financial Group Inc. grew its stake in Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) by 1.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 534,898 shares of the company’s stock after purchasing an additional 7,331 shares during the quarter. Invesco BulletShares 2032 Corporate Bond ETF makes up approximately 4.8% of Sterling Financial Group Inc.’s holdings, making the stock its 10th biggest holding. Sterling Financial Group Inc. owned about 1.78% of Invesco BulletShares 2032 Corporate Bond ETF worth $11,217,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Strategic Financial Concepts LLC lifted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 1,386.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 345,907 shares of the company’s stock worth $69,000 after buying an additional 322,633 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in Invesco BulletShares 2032 Corporate Bond ETF by 39.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 8,053 shares of the company’s stock valued at $161,000 after purchasing an additional 2,282 shares during the last quarter. Davis Capital Management lifted its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 20.7% in the 2nd quarter. Davis Capital Management now owns 9,480 shares of the company’s stock worth $189,000 after buying an additional 1,627 shares during the last quarter. Kaye Capital Management acquired a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 3rd quarter valued at about $261,000. Finally, Cherry Tree Wealth Management LLC acquired a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the first quarter worth about $306,000.

Invesco BulletShares 2032 Corporate Bond ETF Stock Performance

NASDAQ BSCW traded down $0.07 during trading hours on Wednesday, reaching $20.39. The company’s stock had a trading volume of 14,384 shares, compared to its average volume of 128,782. The business has a 50-day simple moving average of $20.86 and a 200 day simple moving average of $20.37. Invesco BulletShares 2032 Corporate Bond ETF has a 52 week low of $18.61 and a 52 week high of $22.61.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, October 25th. Shareholders of record on Monday, October 21st will be given a $0.084 dividend. The ex-dividend date is Monday, October 21st. This is a positive change from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $1.01 annualized dividend and a yield of 4.94%.

Invesco BulletShares 2032 Corporate Bond ETF Profile

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.