Exchange Capital Management Inc. Sells 2,979 Shares of Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR)

Exchange Capital Management Inc. trimmed its stake in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 2.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 133,762 shares of the company’s stock after selling 2,979 shares during the period. Exchange Capital Management Inc. owned 0.10% of Invesco BulletShares 2027 Corporate Bond ETF worth $2,606,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the third quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF in the third quarter worth about $32,000. Arlington Trust Co LLC purchased a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF in the 3rd quarter valued at approximately $51,000. Private Trust Co. NA grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 49.7% during the 3rd quarter. Private Trust Co. NA now owns 3,809 shares of the company’s stock worth $75,000 after purchasing an additional 1,264 shares during the last quarter. Finally, Prospera Private Wealth LLC acquired a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the third quarter worth $81,000.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

Shares of BSCR stock opened at $19.52 on Tuesday. Invesco BulletShares 2027 Corporate Bond ETF has a fifty-two week low of $19.01 and a fifty-two week high of $19.84. The stock’s 50-day simple moving average is $19.48 and its 200-day simple moving average is $19.56.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 24th will be paid a $0.0658 dividend. The ex-dividend date is Monday, February 24th.

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.