Meridian Financial Partners LLC Takes Position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Meridian Financial Partners LLC acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) in the third quarter, HoldingsChannel reports. The fund acquired 23,170 shares of the company’s stock, valued at approximately $476,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BSCS. Eagle Bay Advisors LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 1st quarter valued at $30,000. Unique Wealth Strategies LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the second quarter valued at about $35,000. Alaska Wealth Advisors grew its stake in 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 purchasing an additional 1,311 shares during the last quarter. Anchor Investment Management LLC raised its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 27.3% in the second quarter. Anchor Investment Management LLC now owns 3,262 shares of the company’s stock worth $65,000 after purchasing an additional 700 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1,407.0% during the second quarter. Strategic Financial Concepts LLC now owns 376,239 shares of the company’s stock valued at $75,000 after buying an additional 351,273 shares during the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Stock Up 0.0 %

Shares of Invesco BulletShares 2028 Corporate Bond ETF stock opened at $20.45 on Friday. Invesco BulletShares 2028 Corporate Bond ETF has a 52-week low of $19.07 and a 52-week high of $20.70. The firm’s 50 day moving average price is $20.50 and its 200-day moving average price is $20.17.

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 issued a dividend of $0.075 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.90 annualized dividend and a dividend yield of 4.40%.

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.