Royal Bank of Canada Buys 554,441 Shares of Invesco BulletShares 2027 Corporate Bond ETF $BSCR

Royal Bank of Canada lifted its stake in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 30.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,390,339 shares of the company’s stock after purchasing an additional 554,441 shares during the period. Royal Bank of Canada owned 1.02% of Invesco BulletShares 2027 Corporate Bond ETF worth $46,909,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Rossby Financial LCC bought a new position in Invesco BulletShares 2027 Corporate Bond ETF in the 4th quarter valued at $28,000. Birchbrook Inc. bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth $30,000. AlphaCore Capital LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth $33,000. International Assets Investment Management LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth $48,000. Finally, Cary Street Partners Investment Advisory LLC acquired a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter valued at $52,000.

Invesco BulletShares 2027 Corporate Bond ETF Trading Down 0.1%

Invesco BulletShares 2027 Corporate Bond ETF stock opened at $19.60 on Monday. The business’s 50-day simple moving average is $19.63 and its 200 day simple moving average is $19.66. Invesco BulletShares 2027 Corporate Bond ETF has a 12-month low of $19.57 and a 12-month high of $19.80.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were given a dividend of $0.0693 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, July 20th. This is a boost from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

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.