Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Sees Large Volume Increase – Time to Buy?

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) shares saw unusually-high trading volume on Thursday . 4,761,364 shares changed hands during mid-day trading, an increase of 600% from the previous session’s volume of 680,058 shares.The stock last traded at $20.33 and had previously closed at $20.36.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

The business’s 50-day moving average is $20.36 and its 200 day moving average is $20.45.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were issued a dividend of $0.0756 per share. This is a boost from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, July 20th.

Institutional Investors Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. BCS Wealth Management grew its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 119.9% during the 4th quarter. BCS Wealth Management now owns 662,496 shares of the company’s stock worth $13,647,000 after acquiring an additional 361,168 shares during the last quarter. Rothschild Wealth LLC acquired a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter valued at $17,072,000. Carmel Capital Partners LLC raised its position 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 worth $6,140,000 after purchasing an additional 77,295 shares during the last quarter. Hills Bank & Trust Co raised 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 purchasing an additional 25,033 shares during the last quarter. Finally, Webster Bank N. A. lifted its holdings 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 buying 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.