Atlantic Union Bankshares Corp Grows Stake in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR)

Atlantic Union Bankshares Corp lifted its position in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 21.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 439,449 shares of the company’s stock after buying an additional 78,796 shares during the period. Atlantic Union Bankshares Corp owned approximately 0.48% of Invesco BulletShares 2027 Corporate Bond ETF worth $8,477,000 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 modified their holdings of the company. Wells Fargo & Company MN raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 26.8% in the 4th quarter. Wells Fargo & Company MN now owns 3,481,015 shares of the company’s stock worth $67,723,000 after purchasing an additional 735,753 shares during the period. Capital Investment Advisors LLC raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 3.2% during the fourth quarter. Capital Investment Advisors LLC now owns 36,064 shares of the company’s stock valued at $702,000 after acquiring an additional 1,129 shares during the period. Geneos Wealth Management Inc. raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 19.9% during the fourth quarter. Geneos Wealth Management Inc. now owns 67,627 shares of the company’s stock valued at $1,316,000 after acquiring an additional 11,202 shares during the period. Hills Bank & Trust Co bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter valued at about $18,228,000. Finally, BCS Wealth Management raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 29.2% during the first quarter. BCS Wealth Management now owns 196,050 shares of the company’s stock valued at $3,782,000 after acquiring an additional 44,332 shares during the period.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2027 Corporate Bond ETF stock remained flat at $19.22 during trading on Friday. The stock had a trading volume of 322,379 shares, compared to its average volume of 470,441. The firm’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 has a 52-week low of $18.52 and a 52-week high of $19.54.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 24th will be given a $0.0717 dividend. The ex-dividend date of this dividend is Monday, June 24th. This represents a $0.86 annualized dividend and a yield of 4.48%. This is a positive change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

About Invesco BulletShares 2027 Corporate Bond ETF

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.