Tenon Financial LLC Boosts Stake in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Tenon Financial LLC raised its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 154.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,675 shares of the company’s stock after acquiring an additional 47,134 shares during the quarter. Invesco BulletShares 2028 Corporate Bond ETF makes up about 0.7% of Tenon Financial LLC’s portfolio, making the stock its 14th biggest position. Tenon Financial LLC’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $1,600,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. CX Institutional bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter worth $26,000. Fifth Third Bancorp purchased a new position in Invesco BulletShares 2028 Corporate Bond ETF in the third quarter valued at about $31,000. Optimum Investment Advisors raised its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 24.1% in the third quarter. Optimum Investment Advisors now owns 3,600 shares of the company’s stock worth $74,000 after purchasing an additional 700 shares in the last quarter. OLD Second National Bank of Aurora raised its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 52.0% in the third quarter. OLD Second National Bank of Aurora now owns 3,725 shares of the company’s stock worth $77,000 after purchasing an additional 1,275 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the third quarter valued at about $80,000.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

NASDAQ:BSCS opened at $20.44 on Friday. The company’s 50-day simple moving average is $20.54 and its 200-day simple moving average is $20.57. Invesco BulletShares 2028 Corporate Bond ETF has a fifty-two week low of $20.07 and a fifty-two week high of $20.69.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.0727 per share. The ex-dividend date of this dividend was Monday, March 23rd. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a yield of 4.3%.

Invesco BulletShares 2028 Corporate Bond ETF Company 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.