Invesco BulletShares 2028 Corporate Bond ETF $BSCS Shares Newly Purchased by Redmond Asset Management LLC

Redmond Asset Management LLC bought a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) during the 3rd quarter, HoldingsChannel reports. The firm bought 91,540 shares of the company’s stock, valued at approximately $1,842,000.

Several other hedge funds have also modified their holdings of BSCS. First Fiduciary Investment Counsel Inc. purchased a new position in Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter worth approximately $777,000. Laurel Wealth Advisors LLC raised its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 5.1% during the third quarter. Laurel Wealth Advisors LLC now owns 289,698 shares of the company’s stock valued at $5,830,000 after purchasing an additional 13,971 shares during the period. Sigma Investment Counselors Inc. purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the third quarter valued at approximately $544,000. Latitude Advisors LLC acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF during the third quarter worth $131,000. Finally, Semitam Bonam LLC lifted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 9.1% during the third quarter. Semitam Bonam LLC now owns 102,239 shares of the company’s stock worth $2,058,000 after purchasing an additional 8,543 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

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

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were paid a dividend of $0.0751 per share. This is a positive change 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 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.