Red Spruce Capital LLC Buys 17,947 Shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Red Spruce Capital LLC boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 6.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 292,862 shares of the company’s stock after buying an additional 17,947 shares during the quarter. Invesco BulletShares 2028 Corporate Bond ETF accounts for about 2.7% of Red Spruce Capital LLC’s holdings, making the stock its 7th biggest holding. Red Spruce Capital LLC owned approximately 0.31% of Invesco BulletShares 2028 Corporate Bond ETF worth $6,021,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF during the 1st quarter worth approximately $30,000. Unique Wealth Strategies LLC purchased a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF during the second quarter worth $35,000. Alaska Wealth Advisors grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 69.5% in the second quarter. Alaska Wealth Advisors now owns 3,198 shares of the company’s stock valued at $64,000 after buying an additional 1,311 shares in the last quarter. Anchor Investment Management LLC raised its holdings in shares of 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 buying an additional 700 shares during the period. Finally, GAMMA Investing LLC acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF during the 2nd quarter worth about $77,000.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

Invesco BulletShares 2028 Corporate Bond ETF stock traded down $0.11 during midday trading on Friday, reaching $20.44. 396,988 shares of the stock traded hands, compared to its average volume of 425,001. The company has a 50-day simple moving average of $20.47 and a two-hundred day simple moving average of $20.14. Invesco BulletShares 2028 Corporate Bond ETF has a 12-month low of $19.07 and a 12-month high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.075 dividend. This represents a $0.90 annualized dividend and a dividend yield of 4.40%. The ex-dividend date was Monday, September 23rd.

Invesco BulletShares 2028 Corporate Bond ETF Company 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.