Clearstead Advisors LLC Boosts Stake in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Clearstead Advisors LLC boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 6.3% in the 3rd quarter, Holdings Channel reports. The firm owned 2,865,560 shares of the company’s stock after purchasing an additional 169,168 shares during the period. Invesco BulletShares 2028 Corporate Bond ETF comprises about 0.8% of Clearstead Advisors LLC’s portfolio, making the stock its 28th largest holding. Clearstead Advisors LLC’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $58,945,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CX Institutional purchased a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF during the third quarter worth $26,000. Fifth Third Bancorp purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter valued at $31,000. Optimum Investment Advisors acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF during the 2nd quarter worth about $59,000. OLD Second National Bank of Aurora boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 52.0% during the 3rd quarter. OLD Second National Bank of Aurora now owns 3,725 shares of the company’s stock valued at $77,000 after acquiring an additional 1,275 shares during the period. Finally, CBIZ Investment Advisory Services LLC purchased a new position in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter valued at about $80,000.

Invesco BulletShares 2028 Corporate Bond ETF Trading Up 0.0%

Shares of NASDAQ:BSCS opened at $20.66 on Monday. Invesco BulletShares 2028 Corporate Bond ETF has a 1 year low of $20.07 and a 1 year high of $20.69. The firm’s 50-day moving average is $20.60 and its two-hundred day moving average is $20.59.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 23rd will be issued a dividend of $0.0726 per share. The ex-dividend date is Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.