Kinetic Wealth Investment Advisors LLC Buys New Holdings in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Kinetic Wealth Investment Advisors LLC purchased a new position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 170,776 shares of the company’s stock, valued at approximately $3,478,000. Invesco BulletShares 2028 Corporate Bond ETF comprises about 1.6% of Kinetic Wealth Investment Advisors LLC’s portfolio, making the stock its 8th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Morgan Stanley grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 8.4% during the fourth quarter. Morgan Stanley now owns 8,629,850 shares of the company’s stock worth $177,775,000 after purchasing an additional 672,038 shares in the last quarter. Wells Fargo & Company MN raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 5.8% in the fourth quarter. Wells Fargo & Company MN now owns 7,828,213 shares of the company’s stock valued at $161,261,000 after buying an additional 432,504 shares in the last quarter. LPL Financial LLC lifted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 37.7% during the 4th quarter. LPL Financial LLC now owns 7,283,905 shares of the company’s stock worth $150,048,000 after buying an additional 1,995,326 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 9.3% during the 4th quarter. Raymond James Financial Inc. now owns 6,263,583 shares of the company’s stock worth $129,030,000 after buying an additional 535,091 shares during the last quarter. Finally, Lido Advisors LLC boosted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 6.1% during the 4th quarter. Lido Advisors LLC now owns 5,342,067 shares of the company’s stock worth $109,901,000 after acquiring an additional 305,484 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

BSCS opened at $20.30 on Tuesday. Invesco BulletShares 2028 Corporate Bond ETF has a one year low of $20.25 and a one year high of $20.69. The business’s 50-day simple moving average is $20.34 and its 200-day simple moving average is $20.41.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were issued a $0.0765 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Monday, August 24th.

Invesco BulletShares 2028 Corporate Bond ETF Company 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.