Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Announces Dividend Increase – $0.07 Per Share

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) announced a monthly dividend on Monday, May 18th, NASDAQ Dividends reports. Investors of record on Monday, May 18th will be paid a dividend of 0.0708 per share on Friday, May 22nd. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Monday, May 18th. This is a 5.0% increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

BSCR traded down $0.08 during trading on Monday, reaching $19.59. 797,853 shares of the company were exchanged, compared to its average volume of 861,573. The company’s 50-day moving average is $19.65 and its two-hundred day moving average is $19.71. Invesco BulletShares 2027 Corporate Bond ETF has a 12-month low of $19.53 and a 12-month high of $19.80.

Institutional Trading of Invesco BulletShares 2027 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of BSCR. Lido Advisors LLC increased its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 30.4% during the 3rd quarter. Lido Advisors LLC now owns 64,627,104 shares of the company’s stock worth $1,273,800,000 after acquiring an additional 15,069,309 shares during the period. Morgan Stanley increased its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 10.9% during the 4th quarter. Morgan Stanley now owns 10,382,016 shares of the company’s stock worth $204,941,000 after acquiring an additional 1,023,790 shares during the period. Thrivent Financial for Lutherans increased its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 83.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,569,087 shares of the company’s stock worth $30,963,000 after acquiring an additional 712,253 shares during the period. Wells Fargo & Company MN increased its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 8.5% during the 4th quarter. Wells Fargo & Company MN now owns 7,164,097 shares of the company’s stock worth $141,419,000 after acquiring an additional 558,803 shares during the period. Finally, Royal Bank of Canada increased its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 30.2% during the 1st quarter. Royal Bank of Canada now owns 2,390,339 shares of the company’s stock worth $46,909,000 after acquiring an additional 554,441 shares during the period.

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.