Paradiem LLC Buys New Shares in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Paradiem LLC bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) during the 1st quarter, Holdings Channel reports. The institutional investor bought 350,608 shares of the company’s stock, valued at approximately $7,160,000. Invesco BulletShares 2028 Corporate Bond ETF comprises approximately 1.6% of Paradiem LLC’s portfolio, making the stock its 27th largest position.

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

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

Shares of BSCS stock opened at $20.36 on Monday. The company has a fifty day moving average price of $20.38 and a two-hundred day moving average price of $20.48. Invesco BulletShares 2028 Corporate Bond ETF has a one year low of $20.30 and a one year high of $20.69.

Invesco BulletShares 2028 Corporate Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.0753 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Monday, June 22nd.

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.