Laurel Wealth Advisors LLC Lowers Position in Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Laurel Wealth Advisors LLC trimmed its position in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 93.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 198,745 shares of the company’s stock after selling 2,673,533 shares during the period. Laurel Wealth Advisors LLC owned 0.14% of Invesco BulletShares 2028 Corporate Bond ETF worth $4,088,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 12.1% in the third quarter. Commonwealth Equity Services LLC now owns 535,617 shares of the company’s stock worth $11,018,000 after acquiring an additional 57,869 shares during the last quarter. Farnam Financial LLC boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 26.2% in the 3rd quarter. Farnam Financial LLC now owns 222,034 shares of the company’s stock worth $4,567,000 after purchasing an additional 46,103 shares in the last quarter. Baird Financial Group Inc. grew its position in Invesco BulletShares 2028 Corporate Bond ETF by 6.8% during the 2nd quarter. Baird Financial Group Inc. now owns 760,675 shares of the company’s stock valued at $15,586,000 after purchasing an additional 48,665 shares during the last quarter. Anchor Investment Management LLC increased its stake in Invesco BulletShares 2028 Corporate Bond ETF by 3.4% during the 2nd quarter. Anchor Investment Management LLC now owns 965,775 shares of the company’s stock valued at $19,789,000 after purchasing an additional 31,616 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 2nd quarter valued at about $1,604,000.

Invesco BulletShares 2028 Corporate Bond ETF Trading Up 0.1%

Shares of NASDAQ BSCS opened at $20.61 on Monday. The firm’s 50 day moving average price is $20.60 and its 200-day moving average price is $20.59. Invesco BulletShares 2028 Corporate Bond ETF has a 52-week low of $20.07 and a 52-week high of $20.69.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a $0.0726 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) annualized dividend and a yield of 4.2%.

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.