Straight Path Wealth Management Has $2.14 Million Stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Straight Path Wealth Management boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 9.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 104,278 shares of the company’s stock after buying an additional 8,828 shares during the quarter. Invesco BulletShares 2028 Corporate Bond ETF accounts for approximately 0.9% of Straight Path Wealth Management’s portfolio, making the stock its 16th biggest position. Straight Path Wealth Management’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $2,144,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of BSCS. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter valued at $26,000. Unique Wealth Strategies LLC bought a new position in Invesco BulletShares 2028 Corporate Bond ETF in the 2nd quarter valued at $35,000. OLD Second National Bank of Aurora bought a new position in Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter valued at $50,000. Alaska Wealth Advisors grew its stake in Invesco BulletShares 2028 Corporate Bond ETF by 69.5% in the 2nd quarter. Alaska Wealth Advisors now owns 3,198 shares of the company’s stock valued at $64,000 after purchasing an additional 1,311 shares during the period. Finally, Anchor Investment Management LLC grew its stake in Invesco BulletShares 2028 Corporate Bond ETF by 27.3% in the 2nd quarter. Anchor Investment Management LLC now owns 3,262 shares of the company’s stock valued at $65,000 after purchasing an additional 700 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Stock Up 0.1 %

NASDAQ:BSCS traded up $0.02 during trading on Friday, reaching $20.21. The company’s stock had a trading volume of 486,365 shares, compared to its average volume of 435,126. The firm has a 50 day moving average of $20.43 and a 200-day moving average of $20.23. Invesco BulletShares 2028 Corporate Bond ETF has a 12 month low of $19.55 and a 12 month high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were paid a $0.076 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 4.51%. The ex-dividend date of this dividend was Monday, October 21st. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08.

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.