Ameriprise Financial Inc. Increases Stock Holdings in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Ameriprise Financial Inc. lifted its position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 8.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 404,327 shares of the company’s stock after purchasing an additional 32,592 shares during the quarter. Ameriprise Financial Inc. owned about 0.35% of Invesco BulletShares 2028 Corporate Bond ETF worth $8,139,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Wells Fargo & Company MN grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 17.9% in the fourth quarter. Wells Fargo & Company MN now owns 5,391,844 shares of the company’s stock valued at $108,538,000 after purchasing an additional 820,513 shares during the period. Lido Advisors LLC grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 0.7% in the fourth quarter. Lido Advisors LLC now owns 5,222,754 shares of the company’s stock valued at $105,134,000 after purchasing an additional 35,712 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter valued at about $98,269,000. Hills Bank & Trust Co grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.2% in the fourth quarter. Hills Bank & Trust Co now owns 2,248,990 shares of the company’s stock valued at $45,272,000 after purchasing an additional 25,920 shares during the period. Finally, Aptus Capital Advisors LLC grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 27.7% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,693,856 shares of the company’s stock valued at $34,097,000 after purchasing an additional 367,364 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

Shares of BSCS opened at $20.29 on Thursday. Invesco BulletShares 2028 Corporate Bond ETF has a 12-month low of $19.78 and a 12-month high of $20.70. The firm has a 50-day moving average price of $20.33 and a 200 day moving average price of $20.26.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 19th will be paid a dividend of $0.0788 per share. This represents a $0.95 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend is Monday, May 19th. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08.

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.