Clearstead Advisors LLC Buys 196,796 Shares of Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Clearstead Advisors LLC boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 6.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,062,356 shares of the company’s stock after purchasing an additional 196,796 shares during the period. Invesco BulletShares 2028 Corporate Bond ETF accounts for approximately 0.8% of Clearstead Advisors LLC’s portfolio, making the stock its 27th biggest position. Clearstead Advisors LLC’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $63,085,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Fifth Third Bancorp bought a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter worth $31,000. AlphaCore Capital LLC bought a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter worth $33,000. International Assets Investment Management LLC bought a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter worth $45,000. CBIZ Investment Advisory Services LLC bought a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter worth $80,000. Finally, Global Retirement Partners LLC increased its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 15.2% in the 4th quarter. Global Retirement Partners LLC now owns 7,352 shares of the company’s stock worth $151,000 after purchasing an additional 972 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

Invesco BulletShares 2028 Corporate Bond ETF stock opened at $20.34 on Monday. The stock has a fifty day simple moving average of $20.42 and a two-hundred day simple moving average of $20.53. Invesco BulletShares 2028 Corporate Bond ETF has a 12 month low of $20.30 and a 12 month high of $20.69.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were issued a $0.0761 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, May 18th. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.07.

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.