Segment Wealth Management LLC Sells 2,617 Shares of Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR)

Segment Wealth Management LLC lowered its stake in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 4.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 60,953 shares of the company’s stock after selling 2,617 shares during the quarter. Segment Wealth Management LLC owned about 0.05% of Invesco BulletShares 2027 Corporate Bond ETF worth $1,202,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC increased its position in Invesco BulletShares 2027 Corporate Bond ETF by 2.6% in the second quarter. LPL Financial LLC now owns 3,683,508 shares of the company’s stock worth $70,797,000 after purchasing an additional 92,505 shares during the last quarter. Raymond James & Associates lifted its position in Invesco BulletShares 2027 Corporate Bond ETF by 14.5% in the third quarter. Raymond James & Associates now owns 2,333,128 shares of the company’s stock worth $46,009,000 after buying an additional 296,177 shares during the last quarter. Hills Bank & Trust Co boosted its stake in Invesco BulletShares 2027 Corporate Bond ETF by 14.3% during the second quarter. Hills Bank & Trust Co now owns 2,260,693 shares of the company’s stock worth $43,451,000 after buying an additional 282,557 shares during the period. Manchester Financial Inc. increased its position in Invesco BulletShares 2027 Corporate Bond ETF by 49.3% during the second quarter. Manchester Financial Inc. now owns 1,871,167 shares of the company’s stock valued at $35,964,000 after acquiring an additional 617,495 shares during the last quarter. Finally, Eastern Bank raised its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 1.0% in the second quarter. Eastern Bank now owns 1,612,947 shares of the company’s stock valued at $31,001,000 after acquiring an additional 16,260 shares during the period.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Invesco BulletShares 2027 Corporate Bond ETF stock opened at $19.55 on Wednesday. Invesco BulletShares 2027 Corporate Bond ETF has a 12-month low of $18.52 and a 12-month high of $19.84. The firm has a 50-day moving average price of $19.67 and a 200-day moving average price of $19.41.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 25th. Shareholders of record on Monday, October 21st will be paid a $0.07 dividend. The ex-dividend date is Monday, October 21st. This represents a $0.84 annualized dividend and a yield of 4.30%. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

About Invesco BulletShares 2027 Corporate Bond ETF

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.