Redmond Asset Management LLC Buys 91,540 Shares of Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Redmond Asset Management LLC purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 91,540 shares of the company’s stock, valued at approximately $1,842,000. Redmond Asset Management LLC owned 0.05% of Invesco BulletShares 2028 Corporate Bond ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Waverly Advisors LLC increased its stake in Invesco BulletShares 2028 Corporate Bond ETF by 16,298.3% during the second quarter. Waverly Advisors LLC now owns 4,637,273 shares of the company’s stock worth $94,438,000 after acquiring an additional 4,608,994 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 20.2% in the 1st quarter. Bank of America Corp DE now owns 4,466,656 shares of the company’s stock valued at $91,223,000 after purchasing an additional 752,039 shares in the last quarter. Fusion Family Wealth LLC lifted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 7.5% in the 1st quarter. Fusion Family Wealth LLC now owns 2,247,101 shares of the company’s stock valued at $45,893,000 after purchasing an additional 155,846 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 24.2% in the 1st quarter. Royal Bank of Canada now owns 2,117,083 shares of the company’s stock valued at $43,237,000 after purchasing an additional 412,779 shares in the last quarter. Finally, Tlwm grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.9% during the 2nd quarter. Tlwm now owns 1,647,457 shares of the company’s stock worth $33,550,000 after purchasing an additional 30,106 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

BSCS opened at $20.18 on Thursday. Invesco BulletShares 2028 Corporate Bond ETF has a 1 year low of $20.09 and a 1 year high of $20.67. The firm has a 50 day moving average price of $20.22 and a 200 day moving average price of $20.39.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were given a dividend of $0.0751 per share. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.0744. The ex-dividend date of this dividend was Monday, October 19th. This represents a $0.90 dividend on an annualized basis and a yield of 4.5%.

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.