LPL Financial LLC Buys 1,995,326 Shares of Invesco BulletShares 2028 Corporate Bond ETF $BSCS

LPL Financial LLC raised its stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 37.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,283,905 shares of the company’s stock after acquiring an additional 1,995,326 shares during the quarter. LPL Financial LLC owned approximately 4.50% of Invesco BulletShares 2028 Corporate Bond ETF worth $150,048,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BSCS. Fifth Third Bancorp bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the third quarter worth about $31,000. AlphaCore Capital LLC bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter worth about $33,000. International Assets Investment Management LLC bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter worth about $45,000. CBIZ Investment Advisory Services LLC bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the third quarter worth about $80,000. Finally, Sarver Vrooman Wealth Advisors lifted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 26.7% in the fourth quarter. Sarver Vrooman Wealth Advisors now owns 3,919 shares of the company’s stock worth $81,000 after acquiring an additional 827 shares during the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

BSCS stock opened at $20.39 on Thursday. Invesco BulletShares 2028 Corporate Bond ETF has a 12 month low of $20.30 and a 12 month high of $20.69. The firm has a 50-day moving average price of $20.42 and a 200-day moving average price of $20.51.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were paid a $0.0761 dividend. This is an increase 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 4.5%. The ex-dividend date of this dividend was Monday, May 18th.

Invesco BulletShares 2028 Corporate Bond ETF 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.