Hennion & Walsh Asset Management Inc. Has $2.52 Million Stake in Invesco BulletShares 2027 Corporate Bond ETF $BSCR

Hennion & Walsh Asset Management Inc. reduced its stake in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 19.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 127,774 shares of the company’s stock after selling 30,272 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Invesco BulletShares 2027 Corporate Bond ETF were worth $2,518,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Davis Capital Management bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 3rd quarter valued at $27,000. Angeles Wealth Management LLC acquired a new position in Invesco BulletShares 2027 Corporate Bond ETF in the second quarter valued at about $39,000. Caldwell Trust Co bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the second quarter worth about $44,000. Ameritas Advisory Services LLC acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the second quarter worth about $79,000. Finally, IFP Advisors Inc increased its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 7.9% in the 2nd quarter. IFP Advisors Inc now owns 7,265 shares of the company’s stock valued at $143,000 after buying an additional 529 shares during the period.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCR opened at $19.75 on Thursday. The firm has a 50 day moving average of $19.73 and a 200-day moving average of $19.71. Invesco BulletShares 2027 Corporate Bond ETF has a 12 month low of $19.41 and a 12 month high of $19.80.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a $0.0721 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. This is a boost from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

Invesco BulletShares 2027 Corporate Bond ETF Profile

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors. BSCR was launched on Sep 27, 2017 and is managed by Invesco.