Park Avenue Securities LLC Makes New Investment in Invesco BulletShares 2027 Corporate Bond ETF $BSCR

Park Avenue Securities LLC acquired a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 39,395 shares of the company’s stock, valued at approximately $770,000.

Several other hedge funds have also made changes to their positions in BSCR. WESPAC Advisors LLC acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF in the 3rd quarter worth about $280,000. Segment Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 3rd quarter valued at about $1,131,000. Insight Wealth Partners LLC increased its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 2.1% during the 3rd quarter. Insight Wealth Partners LLC now owns 30,154 shares of the company’s stock valued at $589,000 after acquiring an additional 621 shares during the last quarter. Verdence Capital Advisors LLC increased its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 2,539.6% during the 3rd quarter. Verdence Capital Advisors LLC now owns 311,473 shares of the company’s stock valued at $6,088,000 after acquiring an additional 299,673 shares during the last quarter. Finally, Leo Wealth LLC purchased a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 3rd quarter worth about $198,000.

Invesco BulletShares 2027 Corporate Bond ETF Trading Down 0.1%

Shares of BSCR stock opened at $19.57 on Thursday. The firm’s 50-day simple moving average is $19.58 and its 200-day simple moving average is $19.64. Invesco BulletShares 2027 Corporate Bond ETF has a 1-year low of $19.52 and a 1-year high of $19.79.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were given a dividend of $0.0690 per share. This represents a $0.83 annualized dividend and a yield of 4.2%. This is a negative change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0697. The ex-dividend date of this dividend was Monday, October 19th.

Invesco BulletShares 2027 Corporate Bond ETF Profile

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.