Creative Planning Increases Stake in Invesco BulletShares 2027 Corporate Bond ETF

Creative Planning has increased its investment in the Invesco BulletShares 2027 Corporate Bond ETF, known by its ticker symbol, BSCR. According to its latest Form 13F submission to the Securities and Exchange Commission (SEC), the firm raised its holdings by 7.5% during the second quarter of the year. This means that Creative Planning now owns a total of 36,112 shares after acquiring an additional 2,519 shares over that period. As a result, the value of Creative Planning's position in the ETF stood at approximately $694,000 at the end of the latest quarter.

In addition to Creative Planning, several other hedge funds have also been active in adjusting their positions in the Invesco BulletShares 2027 Corporate Bond ETF. Raymond James & Associates significantly boosted its stake by 78.6% in the second quarter, now controlling 2,036,951 shares valued at about $39,150,000 after acquiring an additional 896,186 shares. Similarly, Legacy Financial Group LLC made a substantial increase of 3,148.2% during the first quarter, rising to own 706,679 shares worth $13,632,000 after adding 684,923 shares. Manchester Financial Inc. increased its stake by 49.3% in the second quarter, bringing its total to 1,871,167 shares valued at roughly $35,964,000 following an additional purchase of 617,495 shares. Jane Street Group LLC also reported a notable gain of 146.1% in its holdings during the first quarter, now owning 965,566 shares valued at $18,626,000 after acquiring 573,282 shares. Lastly, Chatham Capital Group Inc. initiated a new position in the ETF during the first quarter, valued at approximately $8,361,000.

Current Trading Status

As of the last recorded trading session, the Invesco BulletShares 2027 Corporate Bond ETF is trading at $19.66. Over the past year, it has experienced a low of $18.52 and a high of $19.84. The ETF is currently positioned with a fifty-day moving average price of $19.66 and a two-hundred-day moving average price of $19.39, indicating a stable performance in the market.

Dividend Information

Recently, the Invesco BulletShares 2027 Corporate Bond ETF announced a monthly dividend that was paid on September 27th. Shareholders of record on September 23rd received a dividend payment of $0.069 per share. This annualizes to a total dividend of $0.83 per share, offering a yield of 4.21%. The ex-dividend date for this payment was also set on September 23rd.

Overview of the ETF

The Invesco BulletShares 2027 Corporate Bond ETF is an exchange-traded fund focused predominantly on investment-grade fixed income securities. This fund tracks an index composed of USD-denominated, investment-grade corporate bonds that have effective maturities aligning with the year 2027. It is important to note that the ETF is designed to unwind in December 2027, at which point it will return capital and proceeds to its investors.

Invesco, ETF, investment