Legacy Wealth Management LLC MS Invests $802,000 in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Legacy Wealth Management LLC MS purchased a new position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 39,000 shares of the company’s stock, valued at approximately $802,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. LPL Financial LLC boosted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 55.7% in the 3rd quarter. LPL Financial LLC now owns 4,595,249 shares of the company’s stock worth $94,478,000 after purchasing an additional 1,643,265 shares during the last quarter. TruWealth Advisors LLC lifted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 1.2% during the third quarter. TruWealth Advisors LLC now owns 2,746,958 shares of the company’s stock worth $56,478,000 after acquiring an additional 32,976 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 10.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,428,323 shares of the company’s stock worth $48,445,000 after acquiring an additional 239,530 shares in the last quarter. Hills Bank & Trust Co lifted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 2.8% during the third quarter. Hills Bank & Trust Co now owns 2,223,070 shares of the company’s stock worth $45,706,000 after acquiring an additional 61,025 shares in the last quarter. Finally, Raymond James & Associates lifted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 16.7% during the third quarter. Raymond James & Associates now owns 2,022,594 shares of the company’s stock worth $41,585,000 after acquiring an additional 290,123 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

BSCS stock traded down $0.01 during midday trading on Friday, hitting $20.28. 58,615 shares of the company’s stock were exchanged, compared to its average volume of 436,125. The stock’s fifty day moving average price is $20.29 and its 200-day moving average price is $20.27. Invesco BulletShares 2028 Corporate Bond ETF has a one year low of $19.65 and a one year high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were issued a dividend of $0.0761 per share. The ex-dividend date was Monday, November 18th. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous dividend of $0.01.

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.