This Bond ETF Matures in 2026 -- and Just Became a $21.5 Million Conviction Bet

Core Viewpoint - BCS Wealth Management has increased its investment in the Invesco BulletShares 2026 Corporate Bond ETF by purchasing 534,928 shares, valued at approximately $10.47 million, reflecting a strategic move to enhance fixed income exposure in its portfolio [1][2]. Group 1: Transaction Details - The purchase of 534,928 shares occurred during the fourth quarter, raising BCS Wealth Management's stake in the ETF to 2.17% of reportable assets under management (AUM) as of December 31 [2][3]. - The fund's quarter-end position value increased by $10.48 million to $21.5 million, influenced by both the share addition and market price changes [2]. Group 2: ETF Overview - The Invesco BulletShares 2026 Corporate Bond ETF has an AUM of $4.3 billion and offers a yield of 4.15% [4]. - As of January 2, the ETF's share price was $19.55, with a one-year total return of 5% [4]. Group 3: Investment Strategy - The ETF targets investment-grade U.S. corporate bonds maturing in 2026, providing predictable income and principal return, appealing to investors seeking a defined investment outcome [6][8]. - It holds nearly 400 investment-grade bonds with an effective duration of just 0.39 years, limiting interest-rate risk while maintaining predictable income [10]. Group 4: Portfolio Composition - The ETF's portfolio is diversified, focusing on securities with maturities in 2026, and is structured to offer exposure to a defined-maturity bond portfolio [8]. - The bond allocation serves as ballast in a portfolio that is heavily weighted towards equities, providing defined cash flows and principal visibility [11].