Raymond James Financial Services Advisors Inc. Grows Stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Raymond James Financial Services Advisors Inc. raised its stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 78.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,552,262 shares of the company’s stock after acquiring an additional 681,208 shares during the quarter. Raymond James Financial Services Advisors Inc. owned approximately 2.48% of Invesco BulletShares 2028 Corporate Bond ETF worth $31,480,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BSCS. Stonebridge Capital Advisors LLC boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 7.1% in the first quarter. Stonebridge Capital Advisors LLC now owns 126,043 shares of the company’s stock valued at $2,660,000 after acquiring an additional 8,385 shares during the last quarter. Sawgrass Asset Management LLC bought a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the first quarter valued at approximately $541,000. Bank of America Corp DE raised its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.9% in the first quarter. Bank of America Corp DE now owns 266,417 shares of the company’s stock valued at $5,621,000 after purchasing an additional 4,889 shares during the period. LPL Financial LLC raised its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 151.5% in the second quarter. LPL Financial LLC now owns 39,612 shares of the company’s stock valued at $791,000 after purchasing an additional 23,863 shares during the period. Finally, Wells Fargo & Company MN raised its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 102.5% in the second quarter. Wells Fargo & Company MN now owns 862,516 shares of the company’s stock valued at $17,216,000 after purchasing an additional 436,544 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

NASDAQ BSCS opened at $20.09 on Thursday. The company’s 50 day moving average is $20.07 and its 200-day moving average is $19.82. Invesco BulletShares 2028 Corporate Bond ETF has a 12-month low of $19.07 and a 12-month high of $20.34.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a $0.0736 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.88 annualized dividend and a dividend yield of 4.40%. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.01.

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.