Royal Bank of Canada Raises Holdings in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Royal Bank of Canada increased its position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 24.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 2,117,083 shares of the company’s stock after purchasing an additional 412,779 shares during the period. Royal Bank of Canada’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $43,237,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BSCS. Invesco Ltd. boosted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 13.2% in the second quarter. Invesco Ltd. now owns 2,157,631 shares of the company’s stock valued at $44,210,000 after acquiring an additional 252,312 shares during the period. Ameriprise Financial Inc. grew its position in Invesco BulletShares 2028 Corporate Bond ETF by 37.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 641,989 shares of the company’s stock worth $13,155,000 after purchasing an additional 173,858 shares during the last quarter. Bank of America Corp DE grew its position in Invesco BulletShares 2028 Corporate Bond ETF by 1.3% during the 2nd quarter. Bank of America Corp DE now owns 3,367,938 shares of the company’s stock worth $69,009,000 after purchasing an additional 43,015 shares during the last quarter. EP Wealth Advisors LLC raised its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 0.9% in the second quarter. EP Wealth Advisors LLC now owns 67,227 shares of the company’s stock valued at $1,377,000 after buying an additional 595 shares during the last quarter. Finally, MML Investors Services LLC raised its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 9.4% in the second quarter. MML Investors Services LLC now owns 778,550 shares of the company’s stock valued at $15,952,000 after buying an additional 66,755 shares during the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

Shares of BSCS opened at $20.32 on Monday. Invesco BulletShares 2028 Corporate Bond ETF has a fifty-two week low of $20.25 and a fifty-two week high of $20.69. The firm has a 50-day simple moving average of $20.36 and a 200-day simple moving average of $20.45.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were given a $0.0756 dividend. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.