Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Stock Position Raised by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 19.1% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 134,987 shares of the company’s stock after acquiring an additional 21,619 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $2,693,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Geneos Wealth Management Inc. increased its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 36.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 95,635 shares of the company’s stock worth $1,919,000 after acquiring an additional 25,656 shares during the period. Comprehensive Financial Consultants Institutional Inc. grew its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 23.7% in the 1st quarter. Comprehensive Financial Consultants Institutional Inc. now owns 19,673 shares of the company’s stock worth $395,000 after buying an additional 3,767 shares in the last quarter. Janney Montgomery Scott LLC increased its position in Invesco BulletShares 2028 Corporate Bond ETF by 15.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 529,939 shares of the company’s stock valued at $10,636,000 after acquiring an additional 71,793 shares during the period. Independence Bank of Kentucky raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 38.5% during the 1st quarter. Independence Bank of Kentucky now owns 32,954 shares of the company’s stock valued at $661,000 after acquiring an additional 9,152 shares in the last quarter. Finally, Avantax Advisory Services Inc. boosted its position in Invesco BulletShares 2028 Corporate Bond ETF by 77.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 77,008 shares of the company’s stock worth $1,546,000 after acquiring an additional 33,706 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

Shares of BSCS opened at $20.44 on Friday. The stock’s fifty day moving average is $20.47 and its 200-day moving average is $20.14. Invesco BulletShares 2028 Corporate Bond ETF has a one year low of $19.07 and a one year high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.40%.

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.