Rebalance LLC Has $3.80 Million Stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Rebalance LLC grew its stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 15.4% during the third quarter, HoldingsChannel reports. The firm owned 184,687 shares of the company’s stock after buying an additional 24,686 shares during the quarter. Invesco BulletShares 2028 Corporate Bond ETF accounts for about 0.3% of Rebalance LLC’s investment portfolio, making the stock its 29th largest holding. Rebalance LLC’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $3,797,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Raymond James & Associates boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 96.6% during the second quarter. Raymond James & Associates now owns 1,732,471 shares of the company’s stock valued at $34,563,000 after purchasing an additional 851,195 shares in the last quarter. LPL Financial LLC boosted its position in Invesco BulletShares 2028 Corporate Bond ETF by 20.6% during the 2nd quarter. LPL Financial LLC now owns 2,951,984 shares of the company’s stock worth $58,892,000 after buying an additional 503,858 shares during the period. GPM Growth Investors Inc. bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 2nd quarter worth approximately $7,891,000. AMJ Financial Wealth Management acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF in the 2nd quarter valued at approximately $7,197,000. Finally, Strategic Financial Concepts LLC increased its position in Invesco BulletShares 2028 Corporate Bond ETF by 1,407.0% in the 2nd quarter. Strategic Financial Concepts LLC now owns 376,239 shares of the company’s stock valued at $75,000 after acquiring an additional 351,273 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCS traded down $0.04 during mid-day trading on Wednesday, reaching $20.26. 49,077 shares of the company’s stock were exchanged, compared to its average volume of 425,353. Invesco BulletShares 2028 Corporate Bond ETF has a twelve month low of $19.11 and a twelve month high of $20.70. The business’s fifty day moving average price is $20.50 and its 200-day moving average price is $20.18.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, October 25th. Shareholders of record on Monday, October 21st will be given a $0.076 dividend. This represents a $0.91 dividend on an annualized basis and a dividend yield of 4.50%. The ex-dividend date of this dividend is Monday, October 21st. This is a positive change 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.