Sawgrass Asset Management LLC Grows Stake in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS)

Sawgrass Asset Management LLC increased its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 14.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,449 shares of the company’s stock after purchasing an additional 9,002 shares during the quarter. Sawgrass Asset Management LLC owned approximately 0.10% of Invesco BulletShares 2028 Corporate Bond ETF worth $1,429,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Gradient Investments LLC purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter worth approximately $61,000. Marquette Asset Management LLC purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter valued at $77,000. Private Trust Co. NA boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 6,146.4% in the fourth quarter. Private Trust Co. NA now owns 4,310 shares of the company’s stock valued at $87,000 after acquiring an additional 4,241 shares in the last quarter. Key Financial Inc grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1,573.5% during the fourth quarter. Key Financial Inc now owns 7,079 shares of the company’s stock worth $144,000 after purchasing an additional 6,656 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 117.3% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 8,146 shares of the company’s stock worth $165,000 after purchasing an additional 4,398 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Stock Up 0.1 %

Shares of NASDAQ BSCS traded up $0.01 during trading hours on Wednesday, reaching $19.94. The stock had a trading volume of 241,146 shares, compared to its average volume of 493,572. The firm has a 50-day moving average of $19.94 and a 200-day moving average of $19.92. Invesco BulletShares 2028 Corporate Bond ETF has a fifty-two week low of $19.07 and a fifty-two week high of $20.34.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 26th. Investors of record on Tuesday, April 23rd were given a $0.0766 dividend. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.01. The ex-dividend date of this dividend was Monday, April 22nd. This represents a $0.92 annualized dividend and a yield of 4.61%.

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.