Sanctuary Advisors LLC Makes New Investment in Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX)

Sanctuary Advisors LLC has recently made a noteworthy investment in the Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX). According to their latest filing with the Securities and Exchange Commission, the firm acquired a total of 39,069 shares valued at approximately $791,000 during the second quarter. As of the end of the last reporting period, Sanctuary Advisors LLC held about 0.27% of the total shares of the Invesco BulletShares 2033 Corporate Bond ETF.

In addition to Sanctuary Advisors, several other hedge funds have also adjusted their positions in BSCX. For instance, Butensky & Cohen Financial Security Inc. raised its stake by 31.9% in the first quarter, acquiring an additional 8,092 shares and now owning a total of 33,466 shares, worth $698,000. Carolina Wealth Advisors LLC made a significant move, increasing its holdings by 2,472.0% during the same period, acquiring 214,939 additional shares for a total of 223,634 shares valued at approximately $4,663,000.

Moreover, BCS Wealth Management has taken a new position in the ETF worth about $760,000, while Sterling Financial Group Inc. raised its holdings by 178.3%, adding 23,452 shares for a new total of 36,602 shares, valued at $763,000. Independence Bank of Kentucky also bought into the ETF, investing about $222,000 during the first quarter.

Performance Overview of Invesco BulletShares 2033 Corporate Bond ETF

On Friday, shares of the Invesco BulletShares 2033 Corporate Bond ETF opened at $21.32. The ETF has experienced fluctuations over the past year, reaching a low of $19.05 and a high of $23.29. Its 50-day simple moving average stands at $21.46, while the 200-day simple moving average is at $20.94, indicating a generally stable trading range.

Recent Dividend Announcement

The Invesco BulletShares 2033 Corporate Bond ETF recently announced a monthly dividend, which was disbursed on September 27th. Shareholders who were on record as of September 23rd received a dividend of $0.084 per share, with an ex-dividend date also set for September 23rd. This results in an annualized dividend of $1.01 and provides a dividend yield of approximately 4.73%.

About Invesco BulletShares 2033 Corporate Bond ETF

The Invesco BulletShares 2033 Corporate Bond ETF is an exchange-traded fund that primarily invests in investment-grade fixed-income securities. The ETF aims to track a market-value-weighted index of U.S. dollar-denominated corporate bonds that are rated investment grade and have effective maturities in 2033. Launched on September 20, 2023, this fund is managed and issued by Invesco.

Investment, Bonds, ETF