Redwood Financial Network Corp Has $1.38 Million Position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Redwood Financial Network Corp raised its position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 6.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,386 shares of the company’s stock after buying an additional 4,297 shares during the quarter. Invesco BulletShares 2028 Corporate Bond ETF accounts for 1.0% of Redwood Financial Network Corp’s holdings, making the stock its 28th biggest holding. Redwood Financial Network Corp owned 0.06% of Invesco BulletShares 2028 Corporate Bond ETF worth $1,377,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter valued at about $98,269,000. Fusion Family Wealth LLC acquired a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter worth about $31,386,000. TruWealth Advisors LLC boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 51.8% in the 4th quarter. TruWealth Advisors LLC now owns 4,168,939 shares of the company’s stock valued at $83,921,000 after purchasing an additional 1,421,981 shares during the period. Wells Fargo & Company MN grew its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 17.9% during the 4th quarter. Wells Fargo & Company MN now owns 5,391,844 shares of the company’s stock worth $108,538,000 after purchasing an additional 820,513 shares in the last quarter. Finally, Siligmueller & Norvid Wealth Advisors LLC acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter worth approximately $15,385,000.

Invesco BulletShares 2028 Corporate Bond ETF Stock Down 0.1%

Shares of BSCS opened at $20.31 on Thursday. Invesco BulletShares 2028 Corporate Bond ETF has a 12 month low of $19.78 and a 12 month high of $20.70. The firm’s 50 day moving average is $20.33 and its 200-day moving average is $20.25.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 25th. Shareholders of record on Monday, April 21st were paid a dividend of $0.0758 per share. The ex-dividend date of this dividend was Monday, April 21st. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous dividend of $0.08.

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.