Arete Wealth Advisors LLC Cuts Holdings in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Arete Wealth Advisors LLC trimmed its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 4.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,512 shares of the company’s stock after selling 1,208 shares during the period. Arete Wealth Advisors LLC’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $539,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Raymond James Financial Inc. raised its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 22.1% during the 1st quarter. Raymond James Financial Inc. now owns 5,962,077 shares of the company’s stock worth $121,328,000 after buying an additional 1,080,351 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 7.9% in the 1st quarter. LPL Financial LLC now owns 4,674,961 shares of the company’s stock worth $95,135,000 after acquiring an additional 343,230 shares during the period. TruWealth Advisors LLC grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.9% in the 1st quarter. TruWealth Advisors LLC now owns 4,250,093 shares of the company’s stock worth $86,489,000 after acquiring an additional 81,154 shares during the period. Bank of America Corp DE grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 16.5% in the 4th quarter. Bank of America Corp DE now owns 2,459,536 shares of the company’s stock worth $49,510,000 after acquiring an additional 348,193 shares during the period. Finally, Hills Bank & Trust Co grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.7% in the 1st quarter. Hills Bank & Trust Co now owns 2,286,974 shares of the company’s stock worth $46,540,000 after acquiring an additional 37,984 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

BSCS opened at $20.62 on Wednesday. The stock’s 50 day simple moving average is $20.51 and its 200 day simple moving average is $20.40. Invesco BulletShares 2028 Corporate Bond ETF has a 1-year low of $20.04 and a 1-year high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 22nd. Investors of record on Monday, August 18th were issued a $0.0794 dividend. The ex-dividend date was Monday, August 18th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08.

About Invesco BulletShares 2028 Corporate Bond ETF

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.