ETFs

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

Published October 13, 2024

GAMMA Investing LLC has significantly increased its investment in the Invesco BulletShares 2027 Corporate Bond ETF, also known as BSCR, by an impressive 211.7% during the third quarter of this year. This information was detailed in the firm's latest 13F filing submitted to the Securities and Exchange Commission (SEC). Following this increase, GAMMA Investing now holds 7,381 shares of BSCR after acquiring an additional 5,013 shares throughout the quarter. The value of GAMMA Investing LLC's stake in this ETF has reached approximately $146,000.

In addition to GAMMA Investing, several other institutional investors and hedge funds have recently adjusted their holdings in the Invesco BulletShares 2027 Corporate Bond ETF. For example, RVW Wealth LLC increased its position in BSCR by 3.3% in the second quarter, now owning 16,136 shares valued at $310,000 after purchasing 520 additional shares. Similarly, Kohmann Bosshard Financial Services LLC raised its stake by 1.0%, resulting in ownership of 54,168 shares worth $1,041,000 after acquiring another 551 shares. Other firms, such as Cypress Wealth Services LLC and J.W. Cole Advisors Inc., have also lifted their stakes, contributing to a growing interest in this ETF among institutional investors.

Invesco BulletShares 2027 Corporate Bond ETF: Stock Overview

The shares of the Invesco BulletShares 2027 Corporate Bond ETF (BSCR) opened at a price of $19.66. The ETF's fifty-day moving average stands at $19.66, with a 200-day moving average price of $19.39. The fund has recorded a 12-month low of $18.52 and a high of $19.84, indicating some stability in its trading range.

Dividend Information

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

About Invesco BulletShares 2027 Corporate Bond ETF

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund primarily focused on investment-grade fixed income securities. This fund tracks an index composed of USD-denominated corporate bonds that are deemed investment grade, all set to mature in 2027. As part of its structure, the fund will gradually wind down operations by December 2027, at which point it will return the capital and proceeds to its investors.

GAMMA, Investing, Invesco