BCS Wealth Management Cuts Stock Holdings in Invesco BulletShares 2027 Corporate Bond ETF $BSCR

BCS Wealth Management reduced its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 51.2% during the first quarter, Holdings Channel reports. The institutional investor owned 390,815 shares of the company’s stock after selling 409,400 shares during the quarter. Invesco BulletShares 2027 Corporate Bond ETF comprises 1.6% of BCS Wealth Management’s portfolio, making the stock its 12th biggest holding. BCS Wealth Management’s holdings in Invesco BulletShares 2027 Corporate Bond ETF were worth $7,670,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Revolve Wealth Partners LLC purchased a new stake in Invesco BulletShares 2027 Corporate Bond ETF in the 4th quarter worth approximately $364,000. Jane Street Group LLC increased its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 285.8% during the first quarter. Jane Street Group LLC now owns 343,330 shares of the company’s stock valued at $6,726,000 after buying an additional 254,332 shares during the period. Diversify Advisory Services LLC raised its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 5.1% during the second quarter. Diversify Advisory Services LLC now owns 51,200 shares of the company’s stock valued at $1,009,000 after acquiring an additional 2,477 shares in the last quarter. Ausdal Financial Partners Inc. bought a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the second quarter valued at approximately $5,552,000. Finally, Bank of America Corp DE raised its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 1.2% during the second quarter. Bank of America Corp DE now owns 4,815,374 shares of the company’s stock valued at $94,622,000 after acquiring an additional 58,937 shares in the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

NASDAQ:BSCR opened at $19.59 on Wednesday. The firm’s fifty day simple moving average is $19.64 and its 200 day simple moving average is $19.69. Invesco BulletShares 2027 Corporate Bond ETF has a twelve month low of $19.57 and a twelve month high of $19.80.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 22nd will be given a dividend of $0.0692 per share. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Monday, June 22nd.

Invesco BulletShares 2027 Corporate Bond ETF Profile

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors. BSCR was launched on Sep 27, 2017 and is managed by Invesco.