Newport Capital Group LLC Makes New $1.61 Million Investment in Invesco BulletShares 2027 Corporate Bond ETF $BSCR

Newport Capital Group LLC bought a new position in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 81,532 shares of the company’s stock, valued at approximately $1,607,000. Invesco BulletShares 2027 Corporate Bond ETF comprises about 1.0% of Newport Capital Group LLC’s portfolio, making the stock its 22nd largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Everpar Advisors LLC raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 122.3% in the third quarter. Everpar Advisors LLC now owns 61,502 shares of the company’s stock worth $1,212,000 after buying an additional 33,830 shares during the last quarter. OLD Second National Bank of Aurora lifted its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 10.6% in the third quarter. OLD Second National Bank of Aurora now owns 379,703 shares of the company’s stock worth $7,484,000 after buying an additional 36,377 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 58.3% during the second quarter. Geneos Wealth Management Inc. now owns 243,148 shares of the company’s stock valued at $4,778,000 after buying an additional 89,597 shares during the last quarter. Anchor Investment Management LLC increased its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 3.8% during the second quarter. Anchor Investment Management LLC now owns 1,086,314 shares of the company’s stock valued at $21,346,000 after acquiring an additional 40,111 shares in the last quarter. Finally, Farnam Financial LLC increased its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 25.2% during the third quarter. Farnam Financial LLC now owns 237,173 shares of the company’s stock valued at $4,675,000 after acquiring an additional 47,735 shares in the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of NASDAQ BSCR opened at $19.68 on Wednesday. Invesco BulletShares 2027 Corporate Bond ETF has a twelve month low of $19.41 and a twelve month high of $19.80. The company has a 50 day moving average of $19.73 and a 200 day moving average of $19.73.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were paid a $0.0678 dividend. The ex-dividend date was Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.