MAI Capital Management Boosts Stock Holdings in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

MAI Capital Management increased its position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 6.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,674,121 shares of the company’s stock after acquiring an additional 104,149 shares during the period. MAI Capital Management owned about 1.19% of Invesco BulletShares 2028 Corporate Bond ETF worth $34,437,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BSCS. EP Wealth Advisors LLC increased its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 0.9% in the 2nd quarter. EP Wealth Advisors LLC now owns 67,227 shares of the company’s stock worth $1,377,000 after purchasing an additional 595 shares in the last quarter. Compound Planning Inc. boosted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 3.2% during the 3rd quarter. Compound Planning Inc. now owns 19,976 shares of the company’s stock valued at $411,000 after acquiring an additional 623 shares during the last quarter. Optimum Investment Advisors boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 24.1% in the third quarter. Optimum Investment Advisors now owns 3,600 shares of the company’s stock worth $74,000 after purchasing an additional 700 shares during the last quarter. Infinity Wealth Counsel LLC grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 0.4% in the third quarter. Infinity Wealth Counsel LLC now owns 172,884 shares of the company’s stock worth $3,556,000 after acquiring an additional 757 shares during the period. Finally, True Vision MN LLC grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 2.7% during the 3rd quarter. True Vision MN LLC now owns 33,234 shares of the company’s stock valued at $684,000 after purchasing an additional 884 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

Shares of BSCS stock opened at $20.58 on Wednesday. Invesco BulletShares 2028 Corporate Bond ETF has a 1 year low of $20.07 and a 1 year high of $20.69. The firm has a fifty day moving average price of $20.60 and a 200-day moving average price of $20.59.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 23rd will be paid a $0.0726 dividend. The ex-dividend date of this dividend is Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.