Invesco BulletShares 2028 Corporate Bond ETF $BSCS Stock Position Raised by Davis R M Inc.

Davis R M Inc. increased its position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 7.6% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,296,772 shares of the company’s stock after purchasing an additional 91,193 shares during the period. Davis R M Inc.’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $26,484,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BSCS. Invesco Ltd. raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 13.2% during the 2nd quarter. Invesco Ltd. now owns 2,157,631 shares of the company’s stock valued at $44,210,000 after purchasing an additional 252,312 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 37.1% in the second quarter. Ameriprise Financial Inc. now owns 641,989 shares of the company’s stock valued at $13,155,000 after purchasing an additional 173,858 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.3% in the second quarter. Bank of America Corp DE now owns 3,367,938 shares of the company’s stock worth $69,009,000 after buying an additional 43,015 shares during the period. EP Wealth Advisors LLC boosted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 0.9% in the second quarter. EP Wealth Advisors LLC now owns 67,227 shares of the company’s stock worth $1,377,000 after buying an additional 595 shares during the period. Finally, MML Investors Services LLC grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 9.4% during the second quarter. MML Investors Services LLC now owns 778,550 shares of the company’s stock valued at $15,952,000 after buying an additional 66,755 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Trading Down 0.1%

Shares of BSCS stock opened at $20.27 on Thursday. Invesco BulletShares 2028 Corporate Bond ETF has a 1-year low of $20.27 and a 1-year high of $20.69. The stock’s fifty day simple moving average is $20.37 and its 200-day simple moving average is $20.47.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 24th. Shareholders of record on Monday, July 20th will be given a dividend of $0.0756 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Monday, July 20th. This is a boost from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08.

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.