Addison Advisors LLC Increases Stock Position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Addison Advisors LLC boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 13.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 131,957 shares of the company’s stock after acquiring an additional 15,880 shares during the period. Invesco BulletShares 2028 Corporate Bond ETF comprises approximately 1.0% of Addison Advisors LLC’s portfolio, making the stock its 24th largest position. Addison Advisors LLC owned approximately 0.20% of Invesco BulletShares 2028 Corporate Bond ETF worth $2,676,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. TruWealth Advisors LLC boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 73.7% during the fourth quarter. TruWealth Advisors LLC now owns 2,477,400 shares of the company’s stock worth $50,242,000 after buying an additional 1,051,001 shares during the period. Wilbanks Smith & Thomas Asset Management LLC boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 6.5% during the third quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 1,753,692 shares of the company’s stock worth $33,960,000 after buying an additional 107,577 shares during the period. Brookstone Capital Management acquired a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the fourth quarter worth about $32,146,000. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 78.2% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,552,262 shares of the company’s stock worth $31,480,000 after buying an additional 681,208 shares during the period. Finally, Tlwm boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 5.3% during the fourth quarter. Tlwm now owns 1,079,252 shares of the company’s stock worth $21,887,000 after buying an additional 54,467 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

Shares of BSCS traded up $0.04 during mid-day trading on Friday, hitting $19.73. 394,884 shares of the company’s stock were exchanged, compared to its average volume of 488,594. Invesco BulletShares 2028 Corporate Bond ETF has a fifty-two week low of $19.07 and a fifty-two week high of $20.34. The business’s 50 day moving average is $19.96 and its two-hundred day moving average is $19.89.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd were paid a dividend of $0.0766 per share. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.01. The ex-dividend date was Monday, April 22nd. This represents a $0.92 annualized dividend and a dividend yield of 4.66%.

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.