204,575 Shares of Invesco BulletShares 2027 Corporate Bond ETF $BSCR Bought by Horizons Wealth Management

Horizons Wealth Management purchased a new position in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 204,575 shares of the company’s stock, valued at approximately $3,998,000. Invesco BulletShares 2027 Corporate Bond ETF accounts for 2.5% of Horizons Wealth Management’s portfolio, making the stock its 12th largest holding.

A number of other hedge funds have also made changes to their positions in BSCR. Nottingham Advisors Inc. acquired a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 1st quarter valued at $736,000. Concurrent Investment Advisors LLC grew its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 249.5% during the second quarter. Concurrent Investment Advisors LLC now owns 40,367 shares of the company’s stock worth $792,000 after acquiring an additional 28,818 shares during the period. Livet Wealth LLC bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF in the fourth quarter worth about $3,090,000. Vaughan David Investments LLC IL lifted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 7.2% in the 4th quarter. Vaughan David Investments LLC IL now owns 470,122 shares of the company’s stock valued at $9,280,000 after acquiring an additional 31,749 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 28.3% during the 2nd quarter. Baird Financial Group Inc. now owns 1,209,315 shares of the company’s stock valued at $23,721,000 after purchasing an additional 266,686 shares in the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of BSCR traded up $0.01 during mid-day trading on Monday, hitting $19.57. The company’s stock had a trading volume of 252,707 shares, compared to its average volume of 752,768. The firm has a 50-day moving average price of $19.61 and a 200 day moving average price of $19.63. Invesco BulletShares 2027 Corporate Bond ETF has a fifty-two week low of $19.53 and a fifty-two week high of $19.80.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a dividend of $0.0697 per share. The ex-dividend date was Monday, September 21st. This is a positive change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0694. This represents a $0.84 dividend on an annualized basis and a yield of 4.3%.

About Invesco BulletShares 2027 Corporate Bond ETF

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors. BSCR was launched on Sep 27, 2017 and is managed by Invesco.