Verdence Capital Advisors LLC Purchases 57,386 Shares of Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Verdence Capital Advisors LLC acquired a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) in the third quarter, HoldingsChannel.com reports. The firm acquired 57,386 shares of the company’s stock, valued at approximately $1,155,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Waverly Advisors LLC boosted its position in Invesco BulletShares 2028 Corporate Bond ETF by 16,298.3% in the second quarter. Waverly Advisors LLC now owns 4,637,273 shares of the company’s stock valued at $94,438,000 after buying an additional 4,608,994 shares in the last quarter. Brookstone Capital Management acquired a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the third quarter worth approximately $26,947,000. Bank of America Corp DE increased its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 20.2% during the first quarter. Bank of America Corp DE now owns 4,466,656 shares of the company’s stock worth $91,223,000 after buying an additional 752,039 shares in the last quarter. Kirr Marbach & Co. LLC IN acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter worth approximately $13,464,000. Finally, Hengehold Capital Management LLC acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter worth approximately $10,034,000.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCS opened at $20.18 on Thursday. Invesco BulletShares 2028 Corporate Bond ETF has a twelve month low of $20.09 and a twelve month high of $20.67. The business has a fifty day moving average of $20.22 and a 200-day moving average of $20.39.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were paid a $0.0751 dividend. This is an increase 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 annualized dividend and a dividend yield of 4.5%.

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.