Independence Bank of Kentucky Has $661,000 Stock Position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Independence Bank of Kentucky boosted its position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 38.5% during the 1st quarter, Holdings Channel reports. The fund owned 32,954 shares of the company’s stock after buying an additional 9,152 shares during the period. Independence Bank of Kentucky’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $661,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Davis Capital Management lifted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 4.6% in the 1st quarter. Davis Capital Management now owns 13,807 shares of the company’s stock worth $276,000 after purchasing an additional 609 shares in the last quarter. Kades & Cheifetz LLC raised its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 5.1% during the fourth quarter. Kades & Cheifetz LLC now owns 13,773 shares of the company’s stock worth $279,000 after buying an additional 663 shares during the last quarter. G2 Capital Management LLC OH lifted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.1% in the fourth quarter. G2 Capital Management LLC OH now owns 73,600 shares of the company’s stock valued at $1,493,000 after buying an additional 774 shares in the last quarter. Atlantic Union Bankshares Corp lifted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 8.9% in the fourth quarter. Atlantic Union Bankshares Corp now owns 12,291 shares of the company’s stock valued at $249,000 after buying an additional 1,000 shares in the last quarter. Finally, Segment Wealth Management LLC grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.8% during the fourth quarter. Segment Wealth Management LLC now owns 58,230 shares of the company’s stock valued at $1,181,000 after buying an additional 1,040 shares during the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

BSCS opened at $19.95 on Friday. Invesco BulletShares 2028 Corporate Bond ETF has a fifty-two week low of $19.07 and a fifty-two week high of $20.34. The company’s 50-day moving average is $19.92 and its 200 day moving average is $20.02.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a $0.0785 dividend. The ex-dividend date of this dividend was Monday, June 24th. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $0.94 annualized dividend and a dividend yield of 4.72%.

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.