MAI Capital Management Has $49.28 Million Stock Holdings in Invesco BulletShares 2027 Corporate Bond ETF $BSCR

MAI Capital Management increased its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 3.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,500,032 shares of the company’s stock after purchasing an additional 89,977 shares during the period. MAI Capital Management owned approximately 1.16% of Invesco BulletShares 2027 Corporate Bond ETF worth $49,276,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in BSCR. Davis Capital Management bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the 3rd quarter valued at $27,000. Caldwell Trust Co bought a new position in Invesco BulletShares 2027 Corporate Bond ETF in the second quarter worth approximately $44,000. CX Institutional acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF in the third quarter valued at approximately $47,000. Private Trust Co. NA grew its stake in Invesco BulletShares 2027 Corporate Bond ETF by 15.2% in the third quarter. Private Trust Co. NA now owns 9,584 shares of the company’s stock valued at $189,000 after acquiring an additional 1,264 shares during the period. Finally, Commonwealth Financial Services LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the third quarter valued at approximately $200,000.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCR opened at $19.71 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 stock’s 50 day moving average is $19.74 and its 200-day moving average is $19.73.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be issued a $0.0678 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Monday, February 23rd.

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.