Concurrent Investment Advisors LLC Takes $3.69 Million Position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Concurrent Investment Advisors LLC acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 184,080 shares of the company’s stock, valued at approximately $3,694,000. Concurrent Investment Advisors LLC owned about 0.24% of Invesco BulletShares 2028 Corporate Bond ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in BSCS. Apella Capital LLC increased its position in Invesco BulletShares 2028 Corporate Bond ETF by 53.2% in the fourth quarter. Apella Capital LLC now owns 46,662 shares of the company’s stock worth $940,000 after buying an additional 16,198 shares in the last quarter. Capital Investment Advisors LLC increased its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 3.1% in the 4th quarter. Capital Investment Advisors LLC now owns 38,770 shares of the company’s stock worth $786,000 after acquiring an additional 1,163 shares in the last quarter. Gill Capital Partners LLC raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 11.3% during the 4th quarter. Gill Capital Partners LLC now owns 83,702 shares of the company’s stock worth $1,697,000 after acquiring an additional 8,526 shares during the period. Matthew Goff Investment Advisor LLC lifted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 41.7% during the fourth quarter. Matthew Goff Investment Advisor LLC now owns 128,382 shares of the company’s stock valued at $2,604,000 after purchasing an additional 37,761 shares in the last quarter. Finally, TruWealth Advisors LLC boosted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 73.7% in the fourth quarter. TruWealth Advisors LLC now owns 2,477,400 shares of the company’s stock worth $50,242,000 after purchasing an additional 1,051,001 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Stock Down 0.1 %

Shares of BSCS stock traded down $0.03 on Monday, hitting $20.17. 304,503 shares of the stock traded hands, compared to its average volume of 426,880. Invesco BulletShares 2028 Corporate Bond ETF has a 52 week low of $19.07 and a 52 week high of $20.34. The firm has a 50 day simple moving average of $19.98 and a two-hundred day simple moving average of $20.01.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a dividend of $0.0785 per share. The ex-dividend date 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 dividend on an annualized basis and a yield of 4.67%.

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.