Independent Financial Group LLC Acquires New Stake in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Independent Financial Group LLC bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 42,005 shares of the company’s stock, valued at approximately $858,000.

A number of other institutional investors have also recently added to or reduced their stakes in BSCS. Sax Wealth Advisors LLC increased its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.3% during the 4th quarter. Sax Wealth Advisors LLC now owns 37,648 shares of the company’s stock valued at $776,000 after purchasing an additional 492 shares during the period. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 2.0% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 25,715 shares of the company’s stock valued at $530,000 after buying an additional 510 shares during the period. EP Wealth Advisors LLC boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 0.9% during the second quarter. EP Wealth Advisors LLC now owns 67,227 shares of the company’s stock valued at $1,377,000 after buying an additional 595 shares in the last quarter. Wingate Wealth Advisors Inc. boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 0.8% during the fourth quarter. Wingate Wealth Advisors Inc. now owns 79,331 shares of the company’s stock valued at $1,634,000 after buying an additional 613 shares in the last quarter. Finally, Comerica Bank grew its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 2.0% during the third quarter. Comerica Bank now owns 37,036 shares of the company’s stock worth $762,000 after acquiring an additional 712 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2028 Corporate Bond ETF stock opened at $20.30 on Wednesday. The company’s 50-day moving average price is $20.37 and its two-hundred day moving average price is $20.47. Invesco BulletShares 2028 Corporate Bond ETF has a 52 week low of $20.29 and a 52 week high of $20.69.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 24th. Stockholders of record on Monday, July 20th will be paid a $0.0756 dividend. The ex-dividend date of this dividend is Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 4.5%. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08.

Invesco BulletShares 2028 Corporate Bond ETF 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.