A $7 Million Bond ETF Cut Reveals a Quiet Reallocation Across Maturities

4 days ago 7

GPM Growth Investors reported a merchantability of 355,263 shares of the Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) connected January 30, with an estimated transaction worth of $7.01 cardinal based connected quarterly mean pricing.

According to a Securities and Exchange Commission (SEC) filing dated January 30, GPM Growth Investors reduced its holding successful the Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 355,263 shares. The estimated transaction worth was $7.01 cardinal based connected the mean closing terms for the quarter. Meanwhile, the quarter-end worth of the BSCR presumption dropped by $7.00 million, including some trading enactment and terms movement.

This was a sell, lowering the BSCR involvement to 0.13% of GPM Growth Investors, Inc.’s 13F reportable AUM.

Top 5 holdings aft the filing:

NASDAQ: GOOGL: $26.23 cardinal (10.2% of AUM)
NASDAQ: MSFT: $21.53 cardinal (8.4% of AUM)
NASDAQ: BSCS: $13.64 cardinal (5.3% of AUM)
NASDAQ: BSCT: $13.44 cardinal (5.2% of AUM)
NASDAQ: AAPL: $12.99 cardinal (5.1% of AUM)

As of January 29, BSCR shares were priced astatine $19.72, up 1.3% implicit the past year.

Metric

Value

AUM	$4.42 billion
Yield	4.26%
Price (as of 1/29/26)	$19.72
1-Year Total Return	6%

BSCR’s concern strategy targets U.S. dollar-denominated concern people firm bonds maturing successful 2027, offering a defined maturity concern approach.
The portfolio is composed of a diversified enactment of high-quality firm bonds, with astatine slightest 80% of assets allocated to securities successful the 2027 maturity cohort.
It’s structured arsenic an exchange-traded money with a transparent, rules-based scale methodology.

The Invesco BulletShares 2027 Corporate Bond ETF provides investors with targeted vulnerability to concern people firm bonds maturing successful 2027, combining the benefits of enslaved laddering with ETF liquidity and transparency. The fund's defined maturity operation allows for precise portfolio readying and hazard management. With a important plus basal and a absorption connected high-quality issuers, BSCR is positioned arsenic a applicable instrumentality for fixed income allocation and currency travel management.

Defined-maturity enslaved ETFs similar this 1 are typically utilized arsenic precision tools, not condemnation bets. When a manager reduces vulnerability astatine this constituent successful the lifecycle, it usually reflects portfolio timing oregon ladder attraction alternatively than a abrupt alteration successful recognition outlook.

At astir 1 twelvemonth from maturity, astir of the instrumentality illustration is already known. Credit hazard has mostly collapsed into output capture, and terms sensitivity narrows. Trimming vulnerability present frees superior that tin beryllium redeployed either further retired connected the curve for incremental output oregon person successful for liquidity (which whitethorn explicate wherefore the money besides loaded up connected 2030 bonds). That discourse matters, particularly fixed the fund’s remaining vulnerability to different BulletShares ETFs maturing later, which suggests this is simply a rotation and not a retreat.

Plus, the fund’s show supports that view. With the ETF up conscionable implicit 1% implicit the past year, astir of the dense lifting has already been done done income, not terms appreciation. Selling present locks successful that income portion avoiding reinvestment hazard astatine maturity.

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