HB Wealth Management LLC Takes Position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

HB Wealth Management LLC bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 23,132 shares of the company’s stock, valued at approximately $469,000.

Several other large investors have also recently added to or reduced their stakes in BSCS. Stonebridge Capital Advisors LLC raised its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 7.1% in the first quarter. Stonebridge Capital Advisors LLC now owns 126,043 shares of the company’s stock valued at $2,660,000 after buying an additional 8,385 shares during the last quarter. Sawgrass Asset Management LLC bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the first quarter worth about $541,000. Bank of America Corp DE lifted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.9% during the first quarter. Bank of America Corp DE now owns 266,417 shares of the company’s stock worth $5,621,000 after purchasing an additional 4,889 shares in the last quarter. LPL Financial LLC grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 151.5% during the second quarter. LPL Financial LLC now owns 39,612 shares of the company’s stock valued at $791,000 after purchasing an additional 23,863 shares during the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 102.5% in the second quarter. Wells Fargo & Company MN now owns 862,516 shares of the company’s stock valued at $17,216,000 after purchasing an additional 436,544 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

BSCS stock opened at $20.09 on Thursday. The company has a 50 day moving average price of $20.07 and a 200 day moving average price of $19.82. Invesco BulletShares 2028 Corporate Bond ETF has a fifty-two week low of $19.07 and a fifty-two week high of $20.34.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a dividend of $0.0736 per share. The ex-dividend date was Monday, March 18th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.40%. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.01.

Invesco BulletShares 2028 Corporate Bond ETF Company Profile

The Invesco BulletShares 2028 Corporate Bond ETF (BSCS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate investment-grade bonds with effective maturities in 2028. BSCS was launched on Aug 9, 2018 and is managed by Invesco.