Straight Path Wealth Management Raises Stake in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Straight Path Wealth Management boosted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 6.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 510,958 shares of the company’s stock after acquiring an additional 32,982 shares during the quarter. Invesco BulletShares 2028 Corporate Bond ETF accounts for 2.8% of Straight Path Wealth Management’s investment portfolio, making the stock its 8th largest holding. Straight Path Wealth Management’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $10,526,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fifth Third Bancorp bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter worth approximately $31,000. AlphaCore Capital LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter worth approximately $33,000. International Assets Investment Management LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter worth approximately $45,000. CBIZ Investment Advisory Services LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter worth approximately $80,000. Finally, Sarver Vrooman Wealth Advisors raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 26.7% during the 4th quarter. Sarver Vrooman Wealth Advisors now owns 3,919 shares of the company’s stock worth $81,000 after acquiring an additional 827 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

NASDAQ BSCS opened at $20.40 on Friday. Invesco BulletShares 2028 Corporate Bond ETF has a 12 month low of $20.30 and a 12 month high of $20.69. The company’s 50 day moving average is $20.42 and its two-hundred day moving average is $20.52.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were paid a dividend of $0.0761 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Monday, May 18th. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.07.

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.