Hills Bank & Trust Co Invests $17.73 Million in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Hills Bank & Trust Co bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 874,172 shares of the company’s stock, valued at approximately $17,728,000. Invesco BulletShares 2028 Corporate Bond ETF comprises about 1.7% of Hills Bank & Trust Co’s holdings, making the stock its 14th largest position. Hills Bank & Trust Co owned approximately 1.30% of Invesco BulletShares 2028 Corporate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Sawgrass Asset Management LLC increased its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 14.7% during the 4th quarter. Sawgrass Asset Management LLC now owns 70,449 shares of the company’s stock worth $1,429,000 after buying an additional 9,002 shares during the last quarter. Blue Barn Wealth LLC acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF during the fourth quarter worth $944,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 16.4% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 119,902 shares of the company’s stock worth $2,432,000 after buying an additional 16,911 shares during the last quarter. Private Advisor Group LLC raised its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 261.1% in the fourth quarter. Private Advisor Group LLC now owns 244,892 shares of the company’s stock valued at $4,966,000 after buying an additional 177,066 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 117.3% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 8,146 shares of the company’s stock valued at $165,000 after purchasing an additional 4,398 shares during the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

NASDAQ BSCS traded down $0.03 during mid-day trading on Friday, reaching $19.91. 147,295 shares of the company’s stock traded hands, compared to its average volume of 487,802. Invesco BulletShares 2028 Corporate Bond ETF has a 1-year low of $19.07 and a 1-year high of $20.34. The company has a fifty day simple moving average of $19.94 and a 200-day simple moving average of $19.92.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 26th. Investors of record on Tuesday, April 23rd were given a dividend of $0.0766 per share. This represents a $0.92 annualized dividend and a yield of 4.62%. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.01. The ex-dividend date of this dividend was Monday, April 22nd.

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.