Red Spruce Capital LLC Reduces Holdings in Invesco BulletShares 2023 Corporate Bond ETF (NASDAQ:BSCN)

Red Spruce Capital LLC decreased its stake in Invesco BulletShares 2023 Corporate Bond ETF (NASDAQ:BSCN) by 25.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,727 shares of the company’s stock after selling 37,955 shares during the quarter. Invesco BulletShares 2023 Corporate Bond ETF makes up 1.3% of Red Spruce Capital LLC’s portfolio, making the stock its 27th biggest holding. Red Spruce Capital LLC owned 0.09% of Invesco BulletShares 2023 Corporate Bond ETF worth $2,323,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Householder Group Estate & Retirement Specialist LLC purchased a new stake in Invesco BulletShares 2023 Corporate Bond ETF during the 1st quarter valued at approximately $37,000. Clean Yield Group purchased a new stake in Invesco BulletShares 2023 Corporate Bond ETF during the 1st quarter valued at approximately $53,000. BlackRock Inc. purchased a new stake in shares of Invesco BulletShares 2023 Corporate Bond ETF in the first quarter worth about $79,000. Cary Street Partners Asset Management LLC purchased a new stake in shares of Invesco BulletShares 2023 Corporate Bond ETF in the fourth quarter worth about $79,000. Finally, BNP Paribas Arbitrage SA purchased a new stake in shares of Invesco BulletShares 2023 Corporate Bond ETF in the first quarter worth about $80,000.

Invesco BulletShares 2023 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCN traded up $0.01 during mid-day trading on Thursday, reaching $21.26. The stock had a trading volume of 29,381 shares, compared to its average volume of 659,292. Invesco BulletShares 2023 Corporate Bond ETF has a 1 year low of $20.82 and a 1 year high of $21.26. The business’s 50 day moving average price is $21.21 and its 200 day moving average price is $21.15.

Invesco BulletShares 2023 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 25th. Shareholders of record on Tuesday, August 22nd were paid a dividend of $0.0748 per share. This is a boost from Invesco BulletShares 2023 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a $0.90 annualized dividend and a yield of 4.22%. The ex-dividend date was Monday, August 21st.

Invesco BulletShares 2023 Corporate Bond ETF Company Profile

The Invesco Bulletshares 2023 Corporate Bond ETF (BSCN) 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 2023. The fund will unwind in December 2023 and return all capital to investors.