Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Increases Dividend to $0.08 Per Share

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) declared a monthly dividend on Monday, October 19th. Shareholders of record on Monday, October 19th will be paid a dividend of $0.0751 per share on Friday, October 23rd. This represents a $0.90 annualized dividend and a yield of 4.5%. The ex-dividend date is Monday, October 19th. This is a 0.9% increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.0744.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCS traded down $0.08 during trading on Monday, reaching $20.14. 499,052 shares of the company traded hands, compared to its average volume of 700,265. The company’s 50 day moving average is $20.26 and its two-hundred day moving average is $20.34. Invesco BulletShares 2028 Corporate Bond ETF has a 52 week low of $20.09 and a 52 week high of $20.67.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. IFP Advisors Inc increased its position in Invesco BulletShares 2028 Corporate Bond ETF by 21.9% during the 3rd quarter. IFP Advisors Inc now owns 50,360 shares of the company’s stock worth $1,013,000 after purchasing an additional 9,055 shares in the last quarter. CRA Financial Services LLC boosted its position in Invesco BulletShares 2028 Corporate Bond ETF by 2.8% in the third quarter. CRA Financial Services LLC now owns 171,679 shares of the company’s stock valued at $3,455,000 after buying an additional 4,723 shares in the last quarter. AlphaStar Capital Management LLC bought a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the third quarter worth $3,237,000. Hengehold Capital Management LLC bought a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the third quarter worth $10,034,000. Finally, Parisi Gray Wealth Management grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 2.5% during the third quarter. Parisi Gray Wealth Management now owns 333,966 shares of the company’s stock worth $6,721,000 after buying an additional 8,092 shares during the last quarter.

About Invesco BulletShares 2028 Corporate Bond ETF

The Invesco BulletShares 2028 Corporate Bond ETF (BSCS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate investment-grade bonds with effective maturities in 2028. BSCS was launched on Aug 9, 2018 and is managed by Invesco.