Creative Planning Increases Investment in Invesco BulletShares 2027 Corporate Bond ETF

In the second quarter of the year, Creative Planning increased its ownership in the Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 7.5%. This information was revealed in their latest Form 13F filing with the Securities and Exchange Commission (SEC). After this purchase, Creative Planning held a total of 36,112 shares of the ETF, which represented a worth of approximately $694,000 at the end of the quarter.

This move by Creative Planning is part of a larger trend among hedge funds toward modifying their positions in BSCR. For instance, Raymond James & Associates significantly boosted its stake in the ETF by an impressive 78.6%, bringing their total holdings to 2,036,951 shares valued at about $39,150,000 after acquiring an additional 896,186 shares during the same period. Meanwhile, Legacy Financial Group LLC made a substantial increase of 3,148.2% in its position during the first quarter, now owning 706,679 shares valued at $13,632,000 after purchasing 684,923 additional shares.

Other Hedge Fund Movements

Manchester Financial Inc. also raised its stake in the Invesco BulletShares 2027 Corporate Bond ETF by 49.3% in the second quarter. This has grown their total shares to 1,871,167, worth around $35,964,000 following their acquisition of an additional 617,495 shares. Jane Street Group LLC followed suit with a significant increase of 146.1% during the first quarter, now holding 965,566 shares valued at $18,626,000 after gaining an additional 573,282 shares. Additionally, Chatham Capital Group Inc. acquired a new stake in the ETF during the first quarter, which is valued at approximately $8,361,000.

Current Market Performance

As of the latest market update, the Invesco BulletShares 2027 Corporate Bond ETF saw a minor increase of 0.1%, opening at $19.66. Over the past year, the stock has fluctuated between a low of $18.52 and a high of $19.84. The ETF is currently experiencing a fifty-day moving average price of $19.66 and a two-hundred day moving average price of $19.39.

Dividend Information

Recently, the Invesco BulletShares 2027 Corporate Bond ETF announced a dividend that was paid on September 27th. Investors who were on record by September 23rd received a dividend of $0.069 per share, which equates to an annualized dividend of about $0.83, providing a yield of 4.21%. The ex-dividend date was also September 23rd.

Overview of Invesco BulletShares 2027 Corporate Bond ETF

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund focused primarily on investment-grade fixed income. It tracks an index consisting of USD-denominated, investment-grade corporate bonds that have effective maturities set for the year 2027. As part of its structure, the fund is scheduled to unwind in December 2027, at which point it will return capital and investment proceeds to its investors.

Conclusion

Such movements by hedge funds like Creative Planning and others show a growing interest in the Invesco BulletShares 2027 Corporate Bond ETF. This ETF represents a stable investment opportunity within the fixed-income sector, highlighted by its consistent dividend payments and solid holdings in corporate debt.

Investment, ETF, Holdings