In the third quarter, Apella Capital LLC initiated a new position in Invesco BulletShares 2031 Corporate Bond ETF by acquiring 48,234 shares valued at approximately $811,000, representing roughly 0.06% of the ETF’s outstanding shares at quarter end, according to its latest Form 13F filing with the SEC. This marks Apella’s first reported exposure to the 2031-maturity corporate bond tranche, signaling confidence in the fund’s targeted laddered structure and expected yield trajectory through late-decade maturities.

Everpar Advisors LLC more than doubled its BSCV holding during the same period, adding 38,146 shares to reach a total of 68,571 shares, worth about $1.14 million at quarter close. This 125.4% increase elevates Everpar’s ownership to approximately 0.09% of the ETF’s float. The firm’s aggressive reallocation underscores a strategic tilt toward investment-grade corporate credit with defined maturity profiles, as the ETF winds down in December 2031 and returns principal to investors.

Several other institutional investors also adjusted their positions in BSCV during Q3: Hengehold Capital Management increased its stake by 2.8% to 2.12 million shares; Carnegie Investment Counsel added 18,265 shares (+29.8%) for a total 79,641 share position; Apeiron RIA LLC entered with a new stake valued at roughly $886,000; Independence Bank of Kentucky lifted its holdings by 10.2% to 75,308 shares; and Dynamic Advisor Solutions LLC increased its exposure by 8.9% to 14,354 shares. BSCV, launched in September 2021 and managed by Invesco, tracks an index of investment-grade corporate bonds maturing in 2031, distributes a monthly dividend (most recently $0.0627 per share, equating to a 4.5% annualized yield), and is scheduled to liquidate at maturity, returning capital to shareholders.