Newport Capital Group LLC Makes New Investment in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Newport Capital Group LLC purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 34,481 shares of the company’s stock, valued at approximately $709,000.

A number of other hedge funds have also recently modified their holdings of BSCS. Commonwealth Equity Services LLC boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 12.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 535,617 shares of the company’s stock valued at $11,018,000 after purchasing an additional 57,869 shares during the last quarter. Farnam Financial LLC increased its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 26.2% during the 3rd quarter. Farnam Financial LLC now owns 222,034 shares of the company’s stock worth $4,567,000 after buying an additional 46,103 shares during the last quarter. Baird Financial Group Inc. raised its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 6.8% during the 2nd quarter. Baird Financial Group Inc. now owns 760,675 shares of the company’s stock valued at $15,586,000 after buying an additional 48,665 shares during the period. Anchor Investment Management LLC raised its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 3.4% during the 2nd quarter. Anchor Investment Management LLC now owns 965,775 shares of the company’s stock valued at $19,789,000 after buying an additional 31,616 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF in the second quarter valued at approximately $1,604,000.

Invesco BulletShares 2028 Corporate Bond ETF Trading Up 0.1%

Shares of Invesco BulletShares 2028 Corporate Bond ETF stock opened at $20.49 on Wednesday. Invesco BulletShares 2028 Corporate Bond ETF has a fifty-two week low of $20.07 and a fifty-two week high of $20.69. The stock has a 50 day moving average of $20.59 and a 200 day moving average of $20.59.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were issued a dividend of $0.0726 per share. The ex-dividend date was Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

About Invesco BulletShares 2028 Corporate Bond ETF

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.