MAI Capital Management Increases Stake in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

MAI Capital Management lifted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 6.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,674,121 shares of the company’s stock after purchasing an additional 104,149 shares during the quarter. MAI Capital Management’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $34,437,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in BSCS. CX Institutional purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter valued at about $26,000. Fifth Third Bancorp acquired a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the third quarter worth about $31,000. Optimum Investment Advisors lifted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 24.1% during the third quarter. Optimum Investment Advisors now owns 3,600 shares of the company’s stock worth $74,000 after purchasing an additional 700 shares during the period. OLD Second National Bank of Aurora boosted its position in Invesco BulletShares 2028 Corporate Bond ETF by 52.0% in the third quarter. OLD Second National Bank of Aurora now owns 3,725 shares of the company’s stock valued at $77,000 after buying an additional 1,275 shares during the last quarter. Finally, CBIZ Investment Advisory Services LLC acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter worth approximately $80,000.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2028 Corporate Bond ETF stock opened at $20.58 on Wednesday. The firm has a fifty day moving average price of $20.60 and a 200 day moving average price of $20.59. Invesco BulletShares 2028 Corporate Bond ETF has a 1 year low of $20.07 and a 1 year high of $20.69.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be paid a $0.0726 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Monday, February 23rd.

Invesco BulletShares 2028 Corporate Bond ETF Company 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.