IMA Wealth Inc. Acquires 47,104 Shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

IMA Wealth Inc. grew its position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 17.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 319,779 shares of the company’s stock after purchasing an additional 47,104 shares during the period. Invesco BulletShares 2028 Corporate Bond ETF comprises about 3.2% of IMA Wealth Inc.’s portfolio, making the stock its 7th largest position. IMA Wealth Inc.’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $6,485,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in BSCS. Gradient Investments LLC purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter valued at about $61,000. Marquette Asset Management LLC purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter valued at about $77,000. Private Trust Co. NA raised its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 6,146.4% in the fourth quarter. Private Trust Co. NA now owns 4,310 shares of the company’s stock valued at $87,000 after purchasing an additional 4,241 shares during the last quarter. Legacy Financial Group LLC purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the third quarter valued at about $143,000. Finally, Key Financial Inc raised its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1,573.5% in the fourth quarter. Key Financial Inc now owns 7,079 shares of the company’s stock valued at $144,000 after purchasing an additional 6,656 shares during the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

Shares of BSCS stock traded up $0.04 on Friday, hitting $19.73. The stock had a trading volume of 394,884 shares, compared to its average volume of 488,594. The business has a 50 day moving average of $19.96 and a 200 day moving average of $19.89. Invesco BulletShares 2028 Corporate Bond ETF has a 12-month low of $19.07 and a 12-month high of $20.34.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 26th. Investors of record on Tuesday, April 23rd were issued a dividend of $0.0766 per share. This represents a $0.92 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date was Monday, April 22nd. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.01.

Invesco BulletShares 2028 Corporate Bond ETF 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.