Invesco BulletShares 2027 Corporate Bond ETF $BSCR Position Boosted by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC boosted its holdings in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 2,539.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 311,473 shares of the company’s stock after purchasing an additional 299,673 shares during the period. Verdence Capital Advisors LLC owned approximately 0.13% of Invesco BulletShares 2027 Corporate Bond ETF worth $6,088,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Lido Advisors LLC increased its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 5.8% in the first quarter. Lido Advisors LLC now owns 70,691,925 shares of the company’s stock worth $1,400,120,000 after buying an additional 3,854,896 shares during the period. Bank of America Corp DE boosted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 11.4% during the 1st quarter. Bank of America Corp DE now owns 5,588,500 shares of the company’s stock valued at $109,674,000 after acquiring an additional 571,979 shares during the period. Royal Bank of Canada boosted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 30.2% during the 1st quarter. Royal Bank of Canada now owns 2,390,339 shares of the company’s stock valued at $46,909,000 after acquiring an additional 554,441 shares during the period. Avior Wealth Management LLC purchased a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 3rd quarter valued at about $36,540,000. Finally, Davis R M Inc. grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 3.6% during the 1st quarter. Davis R M Inc. now owns 1,725,794 shares of the company’s stock worth $33,869,000 after acquiring an additional 59,833 shares during the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

BSCR opened at $19.55 on Tuesday. The stock’s 50 day simple moving average is $19.59 and its 200 day simple moving average is $19.65. Invesco BulletShares 2027 Corporate Bond ETF has a 1 year low of $19.52 and a 1 year high of $19.79.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were paid a dividend of $0.0690 per share. This represents a $0.83 dividend on an annualized basis and a dividend yield of 4.2%. 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.

Invesco BulletShares 2027 Corporate Bond ETF Company 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.