Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Sees Large Volume Increase – Here’s What Happened

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) shares saw unusually-high trading volume on Thursday . 494,183 shares were traded during mid-day trading, a decline of 30% from the previous session’s volume of 705,898 shares.The stock last traded at $20.37 and had previously closed at $20.36.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

The business has a 50 day moving average of $20.38 and a 200-day moving average of $20.48.

Invesco BulletShares 2028 Corporate Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a $0.0753 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, June 22nd.

Hedge Funds Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the business. BCS Wealth Management grew its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 119.9% during the fourth quarter. BCS Wealth Management now owns 662,496 shares of the company’s stock worth $13,647,000 after buying an additional 361,168 shares during the last quarter. Carmel Capital Partners LLC raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 35.0% during the 4th quarter. Carmel Capital Partners LLC now owns 298,063 shares of the company’s stock valued at $6,140,000 after acquiring an additional 77,295 shares during the last quarter. Rothschild Wealth LLC acquired a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter worth approximately $17,072,000. Hills Bank & Trust Co lifted its position in Invesco BulletShares 2028 Corporate Bond ETF by 1.1% during the 4th quarter. Hills Bank & Trust Co now owns 2,386,712 shares of the company’s stock worth $49,166,000 after acquiring an additional 25,033 shares during the period. Finally, Webster Bank N. A. lifted its position in Invesco BulletShares 2028 Corporate Bond ETF by 4,541.6% during the 4th quarter. Webster Bank N. A. now owns 232,081 shares of the company’s stock worth $4,781,000 after acquiring an additional 227,081 shares during the period.

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.