Cypress Wealth Services LLC Takes $332,000 Position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Cypress Wealth Services LLC acquired a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 16,525 shares of the company’s stock, valued at approximately $332,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Davis Capital Management boosted its position in Invesco BulletShares 2028 Corporate Bond ETF by 4.6% during the 1st quarter. Davis Capital Management now owns 13,807 shares of the company’s stock valued at $276,000 after buying an additional 609 shares during the period. Kades & Cheifetz LLC boosted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 5.1% during the fourth quarter. Kades & Cheifetz LLC now owns 13,773 shares of the company’s stock worth $279,000 after purchasing an additional 663 shares during the period. G2 Capital Management LLC OH grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.1% in the fourth quarter. G2 Capital Management LLC OH now owns 73,600 shares of the company’s stock worth $1,493,000 after purchasing an additional 774 shares during the last quarter. Atlantic Union Bankshares Corp increased its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 8.9% during the 4th quarter. Atlantic Union Bankshares Corp now owns 12,291 shares of the company’s stock valued at $249,000 after purchasing an additional 1,000 shares during the period. Finally, Segment Wealth Management LLC lifted its position in Invesco BulletShares 2028 Corporate Bond ETF by 1.8% during the fourth quarter. Segment Wealth Management LLC now owns 58,230 shares of the company’s stock valued at $1,181,000 after buying an additional 1,040 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

Shares of BSCS stock traded up $0.01 during mid-day trading on Thursday, reaching $19.96. 396,843 shares of the company’s stock traded hands, compared to its average volume of 434,952. The company’s 50-day moving average price is $19.92 and its 200-day moving average price is $20.02. Invesco BulletShares 2028 Corporate Bond ETF has a 12 month low of $19.07 and a 12 month high of $20.34.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 24th will be paid a dividend of $0.0785 per share. The ex-dividend date is Monday, June 24th. This represents a $0.94 annualized dividend and a yield of 4.72%. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08.

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.