Farther Finance Advisors LLC grew its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ: BSCU) by 223.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,475 shares of the company's stock after acquiring an
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 52,501 | $886,210.98 | $872,829.12 | -$13,381.86 | -1.51% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 48,736 | $806,613.13 | $810,236 | $3,622.87 | 0.45% |
| KK Kent Keister Kaye Capital Management | 346,069 | $5.75M | $5.75M | $6,524.38 | 0.11% |
Red Spruce Capital Red Spruce Capital LLC | 203,038 | $3.38M | $3.38M | -$6,786.08 | -0.2% |
| DR Donna Rittershausen Koss-Olinger Consulting LLC | 10,409 | $174,663.02 | $173,049.62 | -$1,613.4 | -0.92% |
| NASDAQ (NMS) Exchange | US Country |
The described company is an investment fund that primarily focuses on incorporating a significant portion (at least 80%) of its total assets into securities that are part of a specific underlying index. This underlying index is designed to track the performance of a portfolio consisting of U.S. dollar-denominated, investment-grade corporate bonds that are set to mature or have “effective maturities” around the year 2030. The methodology for investment does not involve buying all the securities listed in the index. Instead, the fund employs a “sampling” approach in an effort to attain its investment objective, allowing it to closely mimic the performance of the index while potentially managing risk and reducing transaction costs.
The primary product offered by this fund consists of a meticulously curated portfolio of investment-grade, U.S. dollar-denominated corporate bonds. These bonds are selected based on their maturity dates or “effective maturities” to coincide with the year 2030. This carefully constructed portfolio aims to provide investors with a balance of income stability and the potential for capital appreciation, targeting securities that offer a favorable risk-return profile within the specified maturity horizon.
To achieve its investment objective, the fund adopts a “sampling” methodology. This approach involves selecting a subset of securities from the broader underlying index that the fund aims to track. By not purchasing all the securities in the index, the fund seeks to efficiently replicate the index's performance characteristics, such as yield, duration, and credit quality, while potentially minimizing transaction costs and enhancing liquidity. This strategic sampling is designed to closely match the overall performance of the index, providing a pragmatic solution for investors seeking exposure to investment-grade corporate bonds.