Raymond James & Associates Grows Stock Holdings in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Raymond James & Associates grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 16.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,022,594 shares of the company’s stock after acquiring an additional 290,123 shares during the period. Raymond James & Associates owned 2.08% of Invesco BulletShares 2028 Corporate Bond ETF worth $41,585,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Geneos Wealth Management Inc. grew its stake in Invesco BulletShares 2028 Corporate Bond ETF by 36.7% during the first quarter. Geneos Wealth Management Inc. now owns 95,635 shares of the company’s stock valued at $1,919,000 after acquiring an additional 25,656 shares in the last quarter. TruWealth Advisors LLC grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.2% during the third quarter. TruWealth Advisors LLC now owns 2,746,958 shares of the company’s stock worth $56,478,000 after purchasing an additional 32,976 shares in the last quarter. Comprehensive Financial Consultants Institutional Inc. grew its stake 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 holdings in shares of 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 worth $10,636,000 after buying an additional 71,793 shares during the last quarter. Finally, Independence Bank of Kentucky raised its position in shares of 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 buying an additional 9,152 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

NASDAQ BSCS opened at $20.30 on Wednesday. Invesco BulletShares 2028 Corporate Bond ETF has a 52-week low of $19.07 and a 52-week high of $20.70. The company has a fifty day moving average of $20.50 and a 200-day moving average of $20.18.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 25th. Stockholders of record on Monday, October 21st will be issued a $0.076 dividend. This is a boost from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $0.91 dividend on an annualized basis and a dividend yield of 4.49%. The ex-dividend date of this dividend is Monday, October 21st.

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.