Hennion & Walsh Asset Management Inc. Sells 29,412 Shares of Invesco BulletShares 2027 Corporate Bond ETF $BSCR

Hennion & Walsh Asset Management Inc. lowered its position in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 23.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 98,362 shares of the company’s stock after selling 29,412 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Invesco BulletShares 2027 Corporate Bond ETF were worth $1,942,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Davis Capital Management purchased a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the third quarter valued at about $27,000. Caldwell Trust Co bought a new position in Invesco BulletShares 2027 Corporate Bond ETF during the second quarter worth about $44,000. CX Institutional purchased a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF in the third quarter worth about $47,000. JPL Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF in the third quarter worth about $164,000. Finally, Private Trust Co. NA raised its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 15.2% in the third quarter. Private Trust Co. NA now owns 9,584 shares of the company’s stock valued at $189,000 after purchasing an additional 1,264 shares during the period.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of BSCR stock opened at $19.64 on Thursday. The firm’s 50 day moving average is $19.70 and its 200 day moving average is $19.72. Invesco BulletShares 2027 Corporate Bond ETF has a 12 month low of $19.41 and a 12 month high of $19.80.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.0675 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

Invesco BulletShares 2027 Corporate Bond ETF Profile

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. BSCR was launched on Sep 27, 2017 and is managed by Invesco.