Cornerstone Wealth Management LLC Buys 63,381 Shares of Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR)

Cornerstone Wealth Management LLC grew its stake in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 10.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 678,401 shares of the company’s stock after buying an additional 63,381 shares during the quarter. Invesco BulletShares 2027 Corporate Bond ETF makes up 0.9% of Cornerstone Wealth Management LLC’s portfolio, making the stock its 19th biggest holding. Cornerstone Wealth Management LLC’s holdings in Invesco BulletShares 2027 Corporate Bond ETF were worth $13,290,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Wells Fargo & Company MN grew its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 16.4% during the 4th quarter. Wells Fargo & Company MN now owns 5,693,129 shares of the company’s stock valued at $110,902,000 after acquiring an additional 804,013 shares during the period. LPL Financial LLC boosted its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 13.4% in the fourth quarter. LPL Financial LLC now owns 4,498,732 shares of the company’s stock worth $87,635,000 after purchasing an additional 530,796 shares during the period. Bank of America Corp DE increased its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 0.4% in the fourth quarter. Bank of America Corp DE now owns 3,926,426 shares of the company’s stock worth $76,487,000 after purchasing an additional 14,557 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter valued at $75,053,000. Finally, Hills Bank & Trust Co lifted its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 0.7% during the 4th quarter. Hills Bank & Trust Co now owns 2,354,624 shares of the company’s stock valued at $45,868,000 after buying an additional 15,799 shares in the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Trading Up 0.1%

Shares of BSCR stock opened at $19.63 on Wednesday. The stock has a fifty day simple moving average of $19.58 and a two-hundred day simple moving average of $19.54. Invesco BulletShares 2027 Corporate Bond ETF has a 52-week low of $19.18 and a 52-week high of $19.84.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 23rd. Stockholders of record on Monday, May 19th were paid a $0.0707 dividend. This is a positive change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, May 19th. This represents a $0.85 dividend on an annualized basis and a dividend yield of 4.32%.

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.