Sequoia Financial Advisors LLC Sells 405,637 Shares of Invesco BulletShares 2028 Corporate Bond ETF $BSCS

Sequoia Financial Advisors LLC lowered its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) by 43.6% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 525,021 shares of the company’s stock after selling 405,637 shares during the period. Sequoia Financial Advisors LLC owned approximately 0.30% of Invesco BulletShares 2028 Corporate Bond ETF worth $10,692,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. AlphaCore Capital LLC bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter valued at approximately $33,000. International Assets Investment Management LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the fourth quarter worth $45,000. Advisortrust Partners LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the first quarter worth $74,000. Sarver Vrooman Wealth Advisors raised its position in Invesco BulletShares 2028 Corporate Bond ETF by 26.7% in the 4th quarter. Sarver Vrooman Wealth Advisors now owns 3,919 shares of the company’s stock valued at $81,000 after buying an additional 827 shares during the last quarter. Finally, Align Financial LLC purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter valued at $134,000.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCS opened at $20.25 on Friday. The stock’s fifty day simple moving average is $20.34 and its two-hundred day simple moving average is $20.40. Invesco BulletShares 2028 Corporate Bond ETF has a 1-year low of $20.25 and a 1-year high of $20.69.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were issued a $0.0765 dividend. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Monday, August 24th.

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.