Redwood Financial Network Corp Has $1.20 Million Stock Position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Redwood Financial Network Corp boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 8.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,148 shares of the company’s stock after purchasing an additional 4,767 shares during the period. Invesco BulletShares 2028 Corporate Bond ETF comprises about 1.0% of Redwood Financial Network Corp’s holdings, making the stock its 28th largest holding. Redwood Financial Network Corp owned about 0.07% of Invesco BulletShares 2028 Corporate Bond ETF worth $1,200,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently modified their holdings of the company. Eagle Bay Advisors LLC purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 1st quarter valued at $30,000. Unique Wealth Strategies LLC bought a new position in Invesco BulletShares 2028 Corporate Bond ETF in the 2nd quarter valued at $35,000. Alaska Wealth Advisors increased its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 69.5% in the second quarter. Alaska Wealth Advisors now owns 3,198 shares of the company’s stock worth $64,000 after purchasing an additional 1,311 shares during the last quarter. Strategic Financial Concepts LLC increased its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1,407.0% during the 2nd quarter. Strategic Financial Concepts LLC now owns 376,239 shares of the company’s stock valued at $75,000 after purchasing an additional 351,273 shares during the last quarter. Finally, GAMMA Investing LLC purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the second quarter valued at about $77,000.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

NASDAQ:BSCS opened at $20.57 on Tuesday. Invesco BulletShares 2028 Corporate Bond ETF has a twelve month low of $19.07 and a twelve month high of $20.61. The firm’s fifty day simple moving average is $20.28 and its 200 day simple moving average is $20.07.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were issued a $0.082 dividend. This represents a $0.98 annualized dividend and a yield of 4.78%. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Monday, August 19th.

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.