Baird Financial Group Inc. Increases Holdings in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Baird Financial Group Inc. grew its position in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 28.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,153,697 shares of the company’s stock after acquiring an additional 258,579 shares during the quarter. Baird Financial Group Inc.’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $23,495,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of BSCS. Morgan Stanley increased its position in Invesco BulletShares 2028 Corporate Bond ETF by 8.4% during the fourth quarter. Morgan Stanley now owns 8,629,850 shares of the company’s stock valued at $177,775,000 after acquiring an additional 672,038 shares during the last quarter. Wells Fargo & Company MN boosted its position in Invesco BulletShares 2028 Corporate Bond ETF by 5.8% in the fourth quarter. Wells Fargo & Company MN now owns 7,828,213 shares of the company’s stock worth $161,261,000 after purchasing an additional 432,504 shares during the last quarter. LPL Financial LLC boosted its position in Invesco BulletShares 2028 Corporate Bond ETF by 37.7% in the fourth quarter. LPL Financial LLC now owns 7,283,905 shares of the company’s stock worth $150,048,000 after purchasing an additional 1,995,326 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 9.3% during the 4th quarter. Raymond James Financial Inc. now owns 6,263,583 shares of the company’s stock valued at $129,030,000 after purchasing an additional 535,091 shares during the period. Finally, Lido Advisors LLC grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 6.1% during the 4th quarter. Lido Advisors LLC now owns 5,342,067 shares of the company’s stock valued at $109,901,000 after purchasing an additional 305,484 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

Shares of BSCS stock opened at $20.24 on Friday. Invesco BulletShares 2028 Corporate Bond ETF has a one year low of $20.23 and a one year high of $20.69. The company’s fifty day moving average price is $20.33 and its 200-day moving average price is $20.40.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were paid a $0.0765 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Monday, August 24th.

About Invesco BulletShares 2028 Corporate Bond ETF

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.