Park Avenue Securities LLC bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR – Free Report) during the third quarter, Holdings Channel reports. The fund bought 39,395 shares of the company’s stock, valued at approximately $770,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BSCR. Lido Advisors LLC grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 5.8% during the first quarter. Lido Advisors LLC now owns 70,691,925 shares of the company’s stock valued at $1,400,120,000 after acquiring an additional 3,854,896 shares during the period. Bank of America Corp DE increased its stake in Invesco BulletShares 2027 Corporate Bond ETF by 11.4% during the first quarter. Bank of America Corp DE now owns 5,588,500 shares of the company’s stock worth $109,674,000 after acquiring an additional 571,979 shares during the last quarter. Royal Bank of Canada increased its stake in Invesco BulletShares 2027 Corporate Bond ETF by 30.2% during the first quarter. Royal Bank of Canada now owns 2,390,339 shares of the company’s stock worth $46,909,000 after acquiring an additional 554,441 shares during the last quarter. Avior Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF in the 3rd quarter worth about $36,540,000. Finally, Davis R M Inc. raised its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 3.6% in the 1st quarter. Davis R M Inc. now owns 1,725,794 shares of the company’s stock worth $33,869,000 after purchasing an additional 59,833 shares during the period.
Invesco BulletShares 2027 Corporate Bond ETF Stock Performance
Invesco BulletShares 2027 Corporate Bond ETF stock opened at $19.57 on Thursday. Invesco BulletShares 2027 Corporate Bond ETF has a 12 month low of $19.52 and a 12 month high of $19.79. The stock’s 50-day moving average is $19.58 and its 200-day moving average is $19.64.
Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were given a dividend of $0.0690 per share. This is a drop from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0697. The ex-dividend date of this dividend was Monday, October 19th. This represents a $0.83 dividend on an annualized basis and a yield of 4.2%.
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.
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