Eastern Bank Cuts Holdings in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Eastern Bank lessened its stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 0.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 1,541,101 shares of the company’s stock after selling 5,727 shares during the quarter. Eastern Bank’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $31,685,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of BSCS. Tlwm boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 7.1% in the 1st quarter. Tlwm now owns 1,156,406 shares of the company’s stock valued at $23,209,000 after purchasing an additional 77,154 shares in the last quarter. Cypress Wealth Services LLC purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 1st quarter valued at $332,000. Atlantic Union Bankshares Corp boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 44.7% in the 1st quarter. Atlantic Union Bankshares Corp now owns 17,791 shares of the company’s stock valued at $357,000 after purchasing an additional 5,500 shares in the last quarter. Independence Bank of Kentucky boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 38.5% in the 1st quarter. Independence Bank of Kentucky now owns 32,954 shares of the company’s stock valued at $661,000 after purchasing an additional 9,152 shares in the last quarter. Finally, WJ Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 1st quarter valued at $4,871,000.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

NASDAQ:BSCS remained flat at $20.30 during midday trading on Tuesday. 621,739 shares of the company were exchanged, compared to its average volume of 424,808. The business has a 50 day moving average of $20.50 and a two-hundred day moving average of $20.17. Invesco BulletShares 2028 Corporate Bond ETF has a 52 week low of $19.07 and a 52 week high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, October 25th. Investors of record on Monday, October 21st will be issued a dividend of $0.076 per share. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $0.91 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date is Monday, October 21st.

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.