Cornerstone Wealth Management LLC Has $11.62 Million Stake in Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP)

Cornerstone Wealth Management LLC lifted its stake in Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) by 2.4% during the third quarter, Holdings Channel reports. The fund owned 562,512 shares of the company’s stock after acquiring an additional 13,133 shares during the quarter. Invesco BulletShares 2025 Corporate Bond ETF accounts for 0.8% of Cornerstone Wealth Management LLC’s holdings, making the stock its 20th largest position. Cornerstone Wealth Management LLC’s holdings in Invesco BulletShares 2025 Corporate Bond ETF were worth $11,616,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Mather Group LLC. acquired a new position in Invesco BulletShares 2025 Corporate Bond ETF in the 2nd quarter valued at $34,000. Unique Wealth Strategies LLC acquired a new stake in shares of Invesco BulletShares 2025 Corporate Bond ETF in the second quarter valued at about $35,000. Northwest Investment Counselors LLC acquired a new stake in shares of Invesco BulletShares 2025 Corporate Bond ETF in the first quarter valued at about $44,000. Strategic Financial Concepts LLC increased its stake in shares of Invesco BulletShares 2025 Corporate Bond ETF by 1,105.1% in the second quarter. Strategic Financial Concepts LLC now owns 475,258 shares of the company’s stock worth $97,000 after purchasing an additional 435,822 shares during the period. Finally, Westside Investment Management Inc. acquired a new position in shares of Invesco BulletShares 2025 Corporate Bond ETF during the 1st quarter worth about $100,000.

Invesco BulletShares 2025 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCP opened at $20.66 on Thursday. The business has a 50 day moving average price of $20.63 and a 200 day moving average price of $20.53. Invesco BulletShares 2025 Corporate Bond ETF has a twelve month low of $20.08 and a twelve month high of $20.71.

Invesco BulletShares 2025 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.069 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.83 annualized dividend and a dividend yield of 4.01%.

Invesco BulletShares 2025 Corporate Bond ETF 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.