Independence Bank of Kentucky Grows Stake in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR)

Independence Bank of Kentucky increased its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 4.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,037 shares of the company’s stock after purchasing an additional 1,932 shares during the quarter. Independence Bank of Kentucky’s holdings in Invesco BulletShares 2027 Corporate Bond ETF were worth $961,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Wells Fargo & Company MN raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 16.4% during the fourth quarter. Wells Fargo & Company MN now owns 5,693,129 shares of the company’s stock worth $110,902,000 after purchasing an additional 804,013 shares in the last quarter. LPL Financial LLC raised its stake in Invesco BulletShares 2027 Corporate Bond ETF by 13.4% during the 4th quarter. LPL Financial LLC now owns 4,498,732 shares of the company’s stock worth $87,635,000 after acquiring an additional 530,796 shares in the last quarter. Bank of America Corp DE lifted its position in Invesco BulletShares 2027 Corporate Bond ETF by 0.4% in the fourth quarter. Bank of America Corp DE now owns 3,926,426 shares of the company’s stock valued at $76,487,000 after acquiring an additional 14,557 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Invesco BulletShares 2027 Corporate Bond ETF in the fourth quarter valued at $75,053,000. Finally, Hills Bank & Trust Co boosted its stake in Invesco BulletShares 2027 Corporate Bond ETF by 0.7% in the fourth quarter. Hills Bank & Trust Co now owns 2,354,624 shares of the company’s stock valued at $45,868,000 after acquiring an additional 15,799 shares in the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Trading Down 0.2%

BSCR opened at $19.58 on Friday. Invesco BulletShares 2027 Corporate Bond ETF has a one year low of $19.18 and a one year high of $19.84. The business’s 50-day simple moving average is $19.58 and its 200-day simple moving average is $19.54.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 23rd. Investors of record on Monday, May 19th were paid a dividend of $0.0707 per share. This represents a $0.85 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date of this dividend was Monday, May 19th. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

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.