Invesco BulletShares 2027 Corporate Bond ETF $BSCR Stock Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC grew its position in shares of Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 5.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 926,780 shares of the company’s stock after buying an additional 44,796 shares during the quarter. Invesco BulletShares 2027 Corporate Bond ETF accounts for approximately 0.8% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 26th biggest holding. Cornerstone Wealth Management LLC’s holdings in Invesco BulletShares 2027 Corporate Bond ETF were worth $18,114,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Insight Wealth Partners LLC grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 2.1% in the third quarter. Insight Wealth Partners LLC now owns 30,154 shares of the company’s stock valued at $589,000 after acquiring an additional 621 shares in the last quarter. Decker Wealth Management LLC lifted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 1.1% during the third quarter. Decker Wealth Management LLC now owns 66,010 shares of the company’s stock worth $1,290,000 after acquiring an additional 711 shares during the period. Apella Capital LLC lifted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 1.5% during the second quarter. Apella Capital LLC now owns 53,419 shares of the company’s stock worth $1,049,000 after acquiring an additional 771 shares during the period. Strategic Family Wealth Counselors L.L.C. lifted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 1.0% during the third quarter. Strategic Family Wealth Counselors L.L.C. now owns 83,486 shares of the company’s stock worth $1,632,000 after acquiring an additional 838 shares during the period. Finally, Axxcess Wealth Management LLC lifted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 6.4% during the third quarter. Axxcess Wealth Management LLC now owns 14,229 shares of the company’s stock worth $278,000 after acquiring an additional 855 shares during the period.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

BSCR stock opened at $19.57 on Wednesday. The stock’s fifty day simple moving average is $19.58 and its two-hundred day simple moving average is $19.64. Invesco BulletShares 2027 Corporate Bond ETF has a 1-year low of $19.52 and a 1-year high of $19.79.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were given a dividend of $0.0690 per share. The ex-dividend date of this dividend was Monday, October 19th. This represents a $0.83 annualized dividend and a dividend yield of 4.2%. This is a drop from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0697.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

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. BSCR was launched on Sep 27, 2017 and is managed by Invesco.