Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) is Northcape Wealth Management LLC’s 6th Largest Position

Northcape Wealth Management LLC cut its holdings in Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) by 4.8% in the fourth quarter, Holdings Channel reports. The fund owned 384,567 shares of the company’s stock after selling 19,383 shares during the quarter. Invesco BulletShares 2025 Corporate Bond ETF accounts for approximately 2.9% of Northcape Wealth Management LLC’s portfolio, making the stock its 6th largest position. Northcape Wealth Management LLC’s holdings in Invesco BulletShares 2025 Corporate Bond ETF were worth $7,866,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in BSCP. Sheets Smith Wealth Management purchased a new stake in shares of Invesco BulletShares 2025 Corporate Bond ETF during the third quarter valued at about $36,000. Legacy Financial Group LLC acquired a new position in shares of Invesco BulletShares 2025 Corporate Bond ETF during the third quarter valued at about $44,000. Marquette Asset Management LLC acquired a new position in shares of Invesco BulletShares 2025 Corporate Bond ETF during the fourth quarter valued at about $68,000. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Invesco BulletShares 2025 Corporate Bond ETF by 7,712.3% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 4,453 shares of the company’s stock valued at $90,000 after acquiring an additional 4,396 shares in the last quarter. Finally, Allworth Financial LP acquired a new position in shares of Invesco BulletShares 2025 Corporate Bond ETF during the third quarter valued at about $98,000.

Invesco BulletShares 2025 Corporate Bond ETF Price Performance

Shares of BSCP remained flat at $20.40 during mid-day trading on Tuesday. 1,117,613 shares of the stock traded hands, compared to its average volume of 929,497. Invesco BulletShares 2025 Corporate Bond ETF has a 12-month low of $20.06 and a 12-month high of $20.53. The firm’s fifty day simple moving average is $20.42 and its 200 day simple moving average is $20.37.

Invesco BulletShares 2025 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd were issued a dividend of $0.0662 per share. The ex-dividend date of this dividend was Monday, April 22nd. This represents a $0.79 annualized dividend and a dividend yield of 3.90%. This is an increase from Invesco BulletShares 2025 Corporate Bond ETF’s previous monthly dividend of $0.04.

Invesco BulletShares 2025 Corporate Bond ETF Company Profile

The Invesco Bulletshares 2025 Corporate Bond ETF (BSCP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment-grade corporate bonds with effective maturities in 2025. The fund will unwind in December 2025 and return capital and proceeds to investors.