This Wealth Advisor Just Reduced a Maturing Bond Fund. Here's How Target-Maturity ETFs Actually Work.

According to a May 13, 2026, SEC filing , Lido Advisors reduced its position in Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ) by 4,007,284 shares during the first quarter of 2026. The estimated transaction value, based on the average unadjusted closing price for the quarter, was $78.39 million. The value of the stake at quarter end fell by $80.09 million, a figure that reflects both the trading activity and price changes over the period.

Following the sale, the BSCQ stake represents 3.2% of 13F assets under management.

As of May 12, 2026, shares were priced at $19.56, up 4.7% over the past year, underperforming the S&P 500 by 22.0 percentage points.

BSCQ’s annualized dividend yield was 4.13% as of May 13, 2026.

The BSCQ position was previously 3.4% of fund AUM as of the prior quarter.

Investment strategy targets U.S. dollar-denominated investment grade corporate bonds maturing in 2026, aiming to provide predictable income and principal return at maturity.

Underlying holdings consist of a diversified portfolio of corporate bonds, selected using a sampling methodology to closely track the Invesco BulletShares Corporate Bond 2026 Index; the portfolio is rebalanced monthly.

Fund structure is an exchange-traded fund with a defined maturity date, offering investors a transparent, cost-efficient fixed income solution; expense ratio details are available in the prospectus.