Brookstone Capital Management Trims Stake in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR)

Brookstone Capital Management lowered its position in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 2.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 1,604,591 shares of the company’s stock after selling 39,733 shares during the period. Brookstone Capital Management’s holdings in Invesco BulletShares 2027 Corporate Bond ETF were worth $31,193,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Davis R M Inc. grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 484.6% during the fourth quarter. Davis R M Inc. now owns 1,246,597 shares of the company’s stock worth $24,253,000 after buying an additional 1,033,370 shares in the last quarter. Hills Bank & Trust Co bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter valued at about $18,228,000. UBS Group AG grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 48.9% during the fourth quarter. UBS Group AG now owns 2,334,705 shares of the company’s stock worth $45,422,000 after purchasing an additional 767,101 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 26.8% in the fourth quarter. Wells Fargo & Company MN now owns 3,481,015 shares of the company’s stock worth $67,723,000 after purchasing an additional 735,753 shares during the last quarter. Finally, Legacy Financial Group LLC raised its stake in Invesco BulletShares 2027 Corporate Bond ETF by 3,148.2% in the first quarter. Legacy Financial Group LLC now owns 706,679 shares of the company’s stock valued at $13,632,000 after purchasing an additional 684,923 shares in the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

BSCR stock traded up $0.04 during midday trading on Friday, reaching $19.59. The company had a trading volume of 408,105 shares, compared to its average volume of 468,651. The firm has a 50-day moving average price of $19.38 and a 200-day moving average price of $19.28. Invesco BulletShares 2027 Corporate Bond ETF has a 1 year low of $18.52 and a 1 year high of $19.62.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 26th. Stockholders of record on Monday, July 22nd were issued a dividend of $0.073 per share. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.47%. The ex-dividend date of this dividend was Monday, July 22nd.

About Invesco BulletShares 2027 Corporate Bond ETF

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.