Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) Stake Trimmed by IMA Wealth Inc.

IMA Wealth Inc. trimmed its stake in Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) by 1.6% during the fourth quarter, Holdings Channel reports. The fund owned 301,994 shares of the company’s stock after selling 4,933 shares during the period. Invesco BulletShares 2025 Corporate Bond ETF makes up approximately 3.1% of IMA Wealth Inc.’s portfolio, making the stock its 8th largest position. IMA Wealth Inc.’s holdings in Invesco BulletShares 2025 Corporate Bond ETF were worth $6,177,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Lido Advisors LLC boosted its stake in Invesco BulletShares 2025 Corporate Bond ETF by 51.0% in the third quarter. Lido Advisors LLC now owns 36,854,500 shares of the company’s stock valued at $741,144,000 after acquiring an additional 12,439,801 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Invesco BulletShares 2025 Corporate Bond ETF by 7.7% during the 3rd quarter. LPL Financial LLC now owns 4,239,003 shares of the company’s stock valued at $85,246,000 after buying an additional 302,877 shares in the last quarter. Motley Fool Wealth Management LLC lifted its stake in shares of Invesco BulletShares 2025 Corporate Bond ETF by 39.2% during the 4th quarter. Motley Fool Wealth Management LLC now owns 2,427,788 shares of the company’s stock valued at $49,657,000 after buying an additional 683,926 shares in the last quarter. UBS Group AG lifted its stake in shares of Invesco BulletShares 2025 Corporate Bond ETF by 13.5% during the 3rd quarter. UBS Group AG now owns 1,994,891 shares of the company’s stock valued at $40,117,000 after buying an additional 237,028 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in shares of Invesco BulletShares 2025 Corporate Bond ETF by 12.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,696,003 shares of the company’s stock valued at $34,692,000 after buying an additional 187,293 shares in the last quarter.

Invesco BulletShares 2025 Corporate Bond ETF Stock Performance

Shares of BSCP stock traded up $0.01 during trading on Friday, reaching $20.40. 1,025,707 shares of the company’s stock traded hands, compared to its average volume of 926,401. The firm’s 50-day moving average is $20.42 and its 200 day moving average is $20.36. Invesco BulletShares 2025 Corporate Bond ETF has a 1 year low of $20.06 and a 1 year high of $20.53.

Invesco BulletShares 2025 Corporate Bond ETF Increases Dividend

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

About Invesco BulletShares 2025 Corporate Bond ETF

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.