Ameriprise Financial Inc. Increases Stock Position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Ameriprise Financial Inc. boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 8.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 404,327 shares of the company’s stock after buying an additional 32,592 shares during the quarter. Ameriprise Financial Inc.’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $8,139,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Topsail Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter valued at approximately $27,000. Community Bank N.A. boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 293.0% in the fourth quarter. Community Bank N.A. now owns 3,085 shares of the company’s stock valued at $62,000 after purchasing an additional 2,300 shares during the period. United Community Bank purchased a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter valued at approximately $111,000. Anchor Investment Management LLC boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 134.9% in the fourth quarter. Anchor Investment Management LLC now owns 7,662 shares of the company’s stock valued at $154,000 after purchasing an additional 4,400 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 18.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 8,003 shares of the company’s stock valued at $161,000 after purchasing an additional 1,266 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

NASDAQ BSCS opened at $20.29 on Thursday. The firm has a 50 day simple moving average of $20.33 and a 200-day simple moving average of $20.26. Invesco BulletShares 2028 Corporate Bond ETF has a one year low of $19.78 and a one year high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 23rd. Investors of record on Monday, May 19th will be issued a $0.0788 dividend. This is a boost from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date is Monday, May 19th. This represents a $0.95 annualized dividend and a yield of 4.66%.

About Invesco BulletShares 2028 Corporate Bond ETF

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.