Exchange Capital Management Inc. Has $2.76 Million Stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Exchange Capital Management Inc. lowered its holdings in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 13.2% in the fourth quarter, Holdings Channel reports. The firm owned 137,188 shares of the company’s stock after selling 20,798 shares during the quarter. Exchange Capital Management Inc.’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $2,762,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Comprehensive Financial Consultants Institutional Inc. grew its position in Invesco BulletShares 2028 Corporate Bond ETF by 2.5% in the third quarter. Comprehensive Financial Consultants Institutional Inc. now owns 20,168 shares of the company’s stock valued at $415,000 after purchasing an additional 495 shares in the last quarter. Hobbs Group Advisors LLC lifted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.1% during the 3rd quarter. Hobbs Group Advisors LLC now owns 50,603 shares of the company’s stock worth $1,040,000 after buying an additional 556 shares during the last quarter. IFP Advisors Inc raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 1.1% in the 4th quarter. IFP Advisors Inc now owns 55,791 shares of the company’s stock worth $1,123,000 after purchasing an additional 624 shares in the last quarter. Gladstone Institutional Advisory LLC raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 0.6% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 108,929 shares of the company’s stock worth $2,240,000 after purchasing an additional 691 shares in the last quarter. Finally, Apella Capital LLC raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 1.7% in the 4th quarter. Apella Capital LLC now owns 42,485 shares of the company’s stock worth $855,000 after purchasing an additional 702 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Trading Down 0.2 %

Shares of Invesco BulletShares 2028 Corporate Bond ETF stock opened at $20.25 on Tuesday. The company has a 50-day simple moving average of $20.17 and a two-hundred day simple moving average of $20.31. Invesco BulletShares 2028 Corporate Bond ETF has a twelve month low of $19.65 and a twelve month high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 24th will be given a $0.0732 dividend. The ex-dividend date of this dividend is Monday, February 24th.

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.