ETFs

GAMMA Investing LLC Increases Stake in Invesco BulletShares 2027 Corporate Bond ETF

Published October 13, 2024

GAMMA Investing LLC has significantly increased its holdings in the Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by an impressive 211.7% during the third quarter of the year. This information comes from the company's latest 13F filing submitted to the Securities and Exchange Commission. As a result of this increase, GAMMA Investing LLC now owns 7,381 shares of BSCR, having acquired an additional 5,013 shares in the recent quarter. The value of GAMMA Investing LLC's holdings in the Invesco BulletShares 2027 Corporate Bond ETF stood at approximately $146,000 based on the latest filing with the SEC.

Other institutional investors and hedge funds have also made adjustments to their stakes in Invesco BulletShares 2027 Corporate Bond ETF recently. RVW Wealth LLC raised its position by 3.3% during the second quarter, currently owning 16,136 shares worth about $310,000 after purchasing an additional 520 shares. Similarly, Kohmann Bosshard Financial Services LLC increased its stake by 1.0% in the same period, now holding 54,168 shares valued at $1,041,000 after adding 551 shares during the quarter.

Cypress Wealth Services LLC also boosted its holdings in BSCR by 1.3% during the first quarter, owning now 45,072 shares valued at around $869,000 after adding 564 shares. Meanwhile, J.W. Cole Advisors Inc. expanded its stake by 4.9% in the second quarter, reaching 12,917 shares worth $248,000 after acquiring an additional 598 shares. Additionally, True Vision MN LLC increased its stake by 2.1%, now holding 30,668 shares valued at $589,000 after purchasing 617 more shares during the same quarter.

Recent Performance of Invesco BulletShares 2027 Corporate Bond ETF

As of the last trading session, shares of BSCR opened at $19.66. The 50-day moving average price for the ETF stands at $19.66, while the 200-day moving average price is slightly lower at $19.39. Over the past year, the ETF has recorded a low of $18.52 and a high of $19.84.

Dividend Information

Recently, Invesco BulletShares 2027 Corporate Bond ETF announced a monthly dividend which was paid to investors on September 27th. Shareholders on record as of September 23rd received a dividend of $0.069 per share, translating to an annualized dividend of $0.83 and a yield of 4.21%. The ex-dividend date was set for September 23rd as well.

Overview of Invesco BulletShares 2027 Corporate Bond ETF

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is designed to invest primarily in investment-grade fixed income securities. The ETF tracks an index consisting of USD-denominated, investment-grade corporate bonds, all of which have effective maturities set for the year 2027. The fund is scheduled to dissolve in December 2027, at which point it will return capital and proceeds back to investors.

GAMMA, Investing, ETF