Asset Dedication LLC acquired a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR – Free Report) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 887,722 shares of the company’s stock, valued at approximately $17,351,000. Invesco BulletShares 2027 Corporate Bond ETF makes up about 1.1% of Asset Dedication LLC’s holdings, making the stock its 12th biggest holding.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Lido Advisors LLC grew its holdings in 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 valued at $1,400,120,000 after purchasing an additional 3,854,896 shares during the period. Bank of America Corp DE lifted 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 purchasing an additional 571,979 shares during the last quarter. Royal Bank of Canada boosted its stake in Invesco BulletShares 2027 Corporate Bond ETF by 30.2% in the 1st quarter. Royal Bank of Canada now owns 2,390,339 shares of the company’s stock worth $46,909,000 after purchasing an additional 554,441 shares during the period. Avior Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 3rd quarter valued at $36,540,000. Finally, Davis R M Inc. lifted its stake in Invesco BulletShares 2027 Corporate Bond ETF by 3.6% in the first quarter. Davis R M Inc. now owns 1,725,794 shares of the company’s stock valued at $33,869,000 after buying an additional 59,833 shares during the period.
Invesco BulletShares 2027 Corporate Bond ETF Stock Up 0.1%
Shares of BSCR stock opened at $19.60 on Friday. The business’s fifty day moving average is $19.58 and its 200 day moving average is $19.64. Invesco BulletShares 2027 Corporate Bond ETF has a twelve month low of $19.52 and a twelve month high of $19.79.
Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were given a $0.0690 dividend. This is a negative change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0697. This represents a $0.83 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Monday, October 19th.
About Invesco BulletShares 2027 Corporate Bond ETF
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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