Hengehold Capital Management LLC Buys 278,225 Shares of Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR)

Hengehold Capital Management LLC raised its position in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 2,446.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 289,598 shares of the company’s stock after purchasing an additional 278,225 shares during the period. Hengehold Capital Management LLC’s holdings in Invesco BulletShares 2027 Corporate Bond ETF were worth $5,586,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Davis R M Inc. raised its position in Invesco BulletShares 2027 Corporate Bond ETF by 484.6% in the fourth quarter. Davis R M Inc. now owns 1,246,597 shares of the company’s stock valued at $24,253,000 after purchasing an additional 1,033,370 shares during the last quarter. Hills Bank & Trust Co acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF in the fourth quarter valued at approximately $18,228,000. UBS Group AG boosted its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 48.9% during the fourth quarter. UBS Group AG now owns 2,334,705 shares of the company’s stock valued at $45,422,000 after buying an additional 767,101 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 26.8% during the fourth quarter. Wells Fargo & Company MN now owns 3,481,015 shares of the company’s stock worth $67,723,000 after acquiring an additional 735,753 shares during the period. Finally, Legacy Financial Group LLC lifted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 3,148.2% during the first quarter. Legacy Financial Group LLC now owns 706,679 shares of the company’s stock worth $13,632,000 after acquiring an additional 684,923 shares during the period.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCR remained flat at $19.22 during midday trading on Friday. The company had a trading volume of 244,436 shares, compared to its average volume of 469,678. Invesco BulletShares 2027 Corporate Bond ETF has a 12 month low of $18.52 and a 12 month high of $19.54. The business’s 50 day moving average price is $19.20 and its two-hundred day moving average price is $19.27.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 24th will be paid a dividend of $0.0717 per share. This represents a $0.86 annualized dividend and a yield of 4.48%. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Monday, June 24th.

Invesco BulletShares 2027 Corporate Bond ETF Profile

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.