Atlantic Union Bankshares Corp Grows Position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Atlantic Union Bankshares Corp raised its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 44.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,791 shares of the company’s stock after buying an additional 5,500 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $357,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in BSCS. Brookstone Capital Management purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter valued at $32,146,000. TruWealth Advisors LLC raised its position in Invesco BulletShares 2028 Corporate Bond ETF by 73.7% during the fourth quarter. TruWealth Advisors LLC now owns 2,477,400 shares of the company’s stock valued at $50,242,000 after purchasing an additional 1,051,001 shares in the last quarter. Hills Bank & Trust Co bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the fourth quarter worth about $17,728,000. Wells Fargo & Company MN boosted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 49.9% in the 4th quarter. Wells Fargo & Company MN now owns 2,317,200 shares of the company’s stock worth $46,993,000 after purchasing an additional 771,571 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 78.2% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,552,262 shares of the company’s stock valued at $31,480,000 after purchasing an additional 681,208 shares during the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

NASDAQ:BSCS traded down $0.01 during mid-day trading on Friday, reaching $19.95. The stock had a trading volume of 375,706 shares, compared to its average volume of 434,473. Invesco BulletShares 2028 Corporate Bond ETF has a one year low of $19.07 and a one year high of $20.34. The firm has a 50 day moving average price of $19.92 and a two-hundred day moving average price of $20.02.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 24th will be issued a dividend of $0.0785 per share. The ex-dividend date of this dividend is Monday, June 24th. This represents a $0.94 annualized dividend and a dividend yield of 4.72%. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08.

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.