Morton Community Bank Raises Stock Position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Morton Community Bank lifted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 10.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 201,140 shares of the company’s stock after acquiring an additional 18,605 shares during the quarter. Invesco BulletShares 2028 Corporate Bond ETF accounts for about 1.1% of Morton Community Bank’s holdings, making the stock its 22nd biggest position. Morton Community Bank’s holdings in Invesco BulletShares 2028 Corporate Bond ETF were worth $4,013,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Koss Olinger Consulting LLC acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF during the second quarter worth about $232,000. Asset Dedication LLC raised its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 5.7% during the 2nd quarter. Asset Dedication LLC now owns 569,086 shares of the company’s stock worth $11,353,000 after purchasing an additional 30,862 shares during the last quarter. Chris Bulman Inc acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF during the 2nd quarter worth approximately $311,000. Strategic Financial Concepts LLC lifted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 1,407.0% in the 2nd quarter. Strategic Financial Concepts LLC now owns 376,239 shares of the company’s stock valued at $75,000 after buying an additional 351,273 shares in the last quarter. Finally, SFE Investment Counsel grew its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 18.4% during the 2nd quarter. SFE Investment Counsel now owns 183,598 shares of the company’s stock valued at $3,663,000 after buying an additional 28,568 shares during the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

Shares of NASDAQ BSCS traded up $0.01 during midday trading on Friday, reaching $20.57. 755,668 shares of the stock were exchanged, compared to its average volume of 428,084. The stock has a 50 day moving average price of $20.27 and a 200-day moving average price of $20.06. Invesco BulletShares 2028 Corporate Bond ETF has a 52-week low of $19.07 and a 52-week high of $20.61.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were given a dividend of $0.082 per share. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, August 19th. This represents a $0.98 annualized dividend and a yield of 4.78%.

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.