HB Wealth Management LLC Grows Stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

HB Wealth Management LLC grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 3.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,017 shares of the company’s stock after buying an additional 885 shares during the period. HB Wealth Management LLC’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $482,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BSCS. Advisors Capital Management LLC bought a new position in Invesco BulletShares 2028 Corporate Bond ETF in the third quarter worth $8,115,000. Blue Barn Wealth LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the fourth quarter worth about $944,000. Apeiron RIA LLC purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter worth about $1,042,000. Legacy Financial Group LLC lifted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 77.9% during the fourth quarter. Legacy Financial Group LLC now owns 13,160 shares of the company’s stock valued at $267,000 after purchasing an additional 5,763 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 18.7% during the fourth quarter. Geneos Wealth Management Inc. now owns 69,979 shares of the company’s stock valued at $1,419,000 after purchasing an additional 11,031 shares during the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

BSCS stock traded up $0.07 during trading on Friday, hitting $20.08. 221,510 shares of the stock traded hands, compared to its average volume of 430,006. Invesco BulletShares 2028 Corporate Bond ETF has a 1 year low of $19.07 and a 1 year high of $20.34. The firm’s 50 day moving average is $19.94 and its two-hundred day moving average is $20.02.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a dividend of $0.0785 per share. The ex-dividend date of this dividend was Monday, June 24th. This is a boost from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $0.94 annualized dividend and a dividend yield of 4.69%.

About Invesco BulletShares 2028 Corporate Bond ETF

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.