Carnegie Capital Asset Management LLC Boosts Stock Position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Carnegie Capital Asset Management LLC increased its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 16.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 184,400 shares of the company’s stock after purchasing an additional 26,257 shares during the quarter. Carnegie Capital Asset Management LLC owned approximately 0.27% of Invesco BulletShares 2028 Corporate Bond ETF worth $3,739,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brookstone Capital Management purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter valued at about $32,146,000. Jane Street Group LLC grew its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 2,145.1% in the 1st quarter. Jane Street Group LLC now owns 1,502,239 shares of the company’s stock valued at $30,149,000 after buying an additional 1,435,327 shares during the period. Morgan Stanley grew its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 43.1% in the 3rd quarter. Morgan Stanley now owns 3,922,417 shares of the company’s stock valued at $75,958,000 after buying an additional 1,180,982 shares during the period. TruWealth Advisors LLC grew its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 73.7% in the 4th quarter. TruWealth Advisors LLC now owns 2,477,400 shares of the company’s stock valued at $50,242,000 after buying an additional 1,051,001 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 78.2% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,552,262 shares of the company’s stock worth $31,480,000 after purchasing an additional 681,208 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Trading Up 0.2 %

Shares of NASDAQ:BSCS opened at $19.87 on Monday. Invesco BulletShares 2028 Corporate Bond ETF has a 1 year low of $19.07 and a 1 year high of $20.34. The stock has a 50-day simple moving average of $20.03 and a 200-day simple moving average of $19.86.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.0736 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.44%. This is a boost from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.01.

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.