Sanctuary Advisors LLC Expands Investment in Invesco BulletShares 2033 Corporate Bond ETF

Sanctuary Advisors LLC has recently announced a new investment in the Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) during the second quarter, as reported in their latest filing with the Securities and Exchange Commission. The firm acquired 39,069 shares of this exchange-traded fund, which is valued at around $791,000. This acquisition accounts for approximately 0.27% of the total shares of Invesco BulletShares 2033 Corporate Bond ETF held by Sanctuary Advisors LLC at the end of the reporting period.

In addition to Sanctuary Advisors, several other hedge funds have also changed their positions in BSCX recently. For instance, Butensky & Cohen Financial Security Inc. increased its stake in the Invesco BulletShares 2033 Corporate Bond ETF by 31.9% in the first quarter, now owning 33,466 shares, which is valued at about $698,000 after purchasing an additional 8,092 shares. Furthermore, Carolina Wealth Advisors LLC made a significant move by boosting its stake by an astonishing 2,472.0%, now holding 223,634 shares worth approximately $4,663,000 after another purchase of 214,939 shares during the same quarter. BCS Wealth Management similarly bought a new position valued at around $760,000 during the first quarter, while Sterling Financial Group Inc. increased its holdings by 178.3% to own 36,602 shares, now worth $763,000 after acquiring 23,452 more shares. Independence Bank of Kentucky also joined these investors with a new position valued at about $222,000 in the first quarter.

Current Trading Status of Invesco BulletShares 2033 Corporate Bond ETF

The trading performance of BSCX on Friday showed the stock opening at $21.32. The Invesco BulletShares 2033 Corporate Bond ETF has experienced a 1-year low of $19.05 and a high of $23.29. The ETF’s 50-day moving average is currently at $21.46, while the 200-day moving average stands at $20.94, indicating some stability in the price range.

Dividend Distribution by Invesco BulletShares 2033 Corporate Bond ETF

Additionally, the fund recently disclosed a monthly dividend payment that was issued on September 27th. Shareholders who were on record as of September 23rd received a dividend of $0.084 per share. This dividend distribution corresponds to an annualized dividend yield of 4.73%, amounting to $1.01 on a yearly basis.

Overview of Invesco BulletShares 2033 Corporate Bond ETF

The Invesco BulletShares 2033 Corporate Bond ETF (BSCX) primarily invests in investment-grade fixed income securities. Designed to track a market-value-weighted index, the fund comprises USD-denominated corporate investment-grade bonds, all of which have effective maturities slated for 2033. Launched on September 20, 2023, the ETF is issued by Invesco and has been structured for investors looking to mitigate risk through fixed income investments.

Investment, ETF, Bonds