IMA Wealth Inc. Increases Position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

IMA Wealth Inc. increased its position in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 17.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 319,779 shares of the company’s stock after purchasing an additional 47,104 shares during the period. Invesco BulletShares 2028 Corporate Bond ETF accounts for about 3.2% of IMA Wealth Inc.’s investment portfolio, making the stock its 7th largest holding. IMA Wealth Inc. owned 0.47% of Invesco BulletShares 2028 Corporate Bond ETF worth $6,485,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BSCS. Gradient Investments LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the fourth quarter worth approximately $61,000. Marquette Asset Management LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the fourth quarter worth approximately $77,000. Private Trust Co. NA raised its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 6,146.4% during the fourth quarter. Private Trust Co. NA now owns 4,310 shares of the company’s stock worth $87,000 after purchasing an additional 4,241 shares in the last quarter. Legacy Financial Group LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the third quarter worth approximately $143,000. Finally, Key Financial Inc raised its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 1,573.5% during the fourth quarter. Key Financial Inc now owns 7,079 shares of the company’s stock worth $144,000 after purchasing an additional 6,656 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Trading Up 0.2 %

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

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

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

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.