Cornerstone Wealth Management LLC Increases Stock Position in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Cornerstone Wealth Management LLC boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 3,370.1% 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 717,133 shares of the company’s stock after buying an additional 696,467 shares during the quarter. Invesco BulletShares 2028 Corporate Bond ETF accounts for about 0.8% of Cornerstone Wealth Management LLC’s holdings, making the stock its 21st biggest holding. Cornerstone Wealth Management LLC’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $14,773,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. Raymond James Financial Inc. boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 4.1% during the third quarter. Raymond James Financial Inc. now owns 5,728,492 shares of the company’s stock worth $117,835,000 after buying an additional 225,246 shares during the period. TruWealth Advisors LLC boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 2.1% during the fourth quarter. TruWealth Advisors LLC now owns 4,476,284 shares of the company’s stock worth $92,211,000 after buying an additional 91,181 shares during the period. UBS Group AG boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 20.9% during the fourth quarter. UBS Group AG now owns 3,689,750 shares of the company’s stock worth $76,009,000 after buying an additional 637,805 shares during the period. Bank of America Corp DE boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 3.6% during the third quarter. Bank of America Corp DE now owns 3,488,563 shares of the company’s stock worth $71,760,000 after buying an additional 120,625 shares during the period. Finally, Clearstead Advisors LLC lifted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 6.3% during the third quarter. Clearstead Advisors LLC now owns 2,865,560 shares of the company’s stock worth $58,945,000 after purchasing an additional 169,168 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

Shares of BSCS opened at $20.42 on Friday. Invesco BulletShares 2028 Corporate Bond ETF has a 1 year low of $20.27 and a 1 year high of $20.69. The company’s 50-day simple moving average is $20.45 and its 200-day simple moving average is $20.54.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 24th. Stockholders of record on Monday, April 20th were given a dividend of $0.0733 per share. This is a boost from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, April 20th.

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.