Cornerstone Wealth Management LLC Acquires 591,913 Shares of Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR)

Cornerstone Wealth Management LLC grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 2,561.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 615,020 shares of the company’s stock after acquiring an additional 591,913 shares during the quarter. Invesco BulletShares 2027 Corporate Bond ETF makes up about 0.8% of Cornerstone Wealth Management LLC’s holdings, making the stock its 22nd biggest holding. Cornerstone Wealth Management LLC’s holdings in Invesco BulletShares 2027 Corporate Bond ETF were worth $11,981,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Manchester Financial Inc. lifted its position in Invesco BulletShares 2027 Corporate Bond ETF by 74.9% during the third quarter. Manchester Financial Inc. now owns 3,272,686 shares of the company’s stock worth $64,537,000 after purchasing an additional 1,401,519 shares during the period. Avior Wealth Management LLC raised its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 22.9% in the 3rd quarter. Avior Wealth Management LLC now owns 1,845,707 shares of the company’s stock valued at $36,397,000 after buying an additional 344,278 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 207.5% during the 3rd quarter. Captrust Financial Advisors now owns 472,291 shares of the company’s stock worth $9,314,000 after acquiring an additional 318,717 shares during the period. Raymond James & Associates boosted its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 14.5% during the 3rd quarter. Raymond James & Associates now owns 2,333,128 shares of the company’s stock worth $46,009,000 after acquiring an additional 296,177 shares in the last quarter. Finally, MONECO Advisors LLC increased its stake in Invesco BulletShares 2027 Corporate Bond ETF by 104.1% in the third quarter. MONECO Advisors LLC now owns 412,181 shares of the company’s stock valued at $8,128,000 after acquiring an additional 210,241 shares during the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

NASDAQ BSCR opened at $19.45 on Friday. The business has a fifty day moving average price of $19.49 and a two-hundred day moving average price of $19.54. Invesco BulletShares 2027 Corporate Bond ETF has a fifty-two week low of $19.01 and a fifty-two week high of $19.84.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 24th. Investors of record on Tuesday, January 21st will be given a dividend of $0.0696 per share. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous dividend of $0.07. The ex-dividend date is Tuesday, January 21st.

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.