Hengehold Capital Management LLC acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS – Free Report) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 498,602 shares of the company’s stock, valued at approximately $10,034,000.
Other hedge funds have also added to or reduced their stakes in the company. Parisi Gray Wealth Management boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 2.5% in the third quarter. Parisi Gray Wealth Management now owns 333,966 shares of the company’s stock valued at $6,721,000 after acquiring an additional 8,092 shares during the last quarter. Legacy Wealth Partners LLC increased its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 11.0% during the 3rd quarter. Legacy Wealth Partners LLC now owns 14,476 shares of the company’s stock worth $291,000 after purchasing an additional 1,437 shares during the last quarter. Whitener Capital Management Inc. purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter worth approximately $3,221,000. Tenon Financial LLC increased its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 33.8% during the 3rd quarter. Tenon Financial LLC now owns 131,138 shares of the company’s stock worth $2,639,000 after purchasing an additional 33,115 shares during the last quarter. Finally, JM2 Capital Inc. increased its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 4.3% during the 3rd quarter. JM2 Capital Inc. now owns 38,972 shares of the company’s stock worth $784,000 after purchasing an additional 1,601 shares during the last quarter.
Invesco BulletShares 2028 Corporate Bond ETF Stock Performance
Shares of NASDAQ:BSCS remained flat at $20.22 during mid-day trading on Friday. 1,037,758 shares of the company were exchanged, compared to its average volume of 701,276. The company has a 50 day simple moving average of $20.26 and a 200-day simple moving average of $20.34. Invesco BulletShares 2028 Corporate Bond ETF has a 52 week low of $20.09 and a 52 week high of $20.67.
Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend
The company also recently declared a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a dividend of $0.0744 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.89 dividend on an annualized basis and a dividend yield of 4.4%. This is a drop from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.0765.
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.
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