Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Reaches New 12-Month Low – What’s Next?

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) shares hit a new 52-week low during trading on Thursday . The company traded as low as $20.25 and last traded at $20.25, with a volume of 701055 shares changing hands. The stock had previously closed at $20.30.

Invesco BulletShares 2028 Corporate Bond ETF Trading Down 0.2%

The stock has a fifty day simple moving average of $20.34 and a two-hundred day simple moving average of $20.40.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a dividend of $0.0765 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Monday, August 24th. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08.

Institutional Investors Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the business. AlphaCore Capital LLC acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter valued at approximately $33,000. International Assets Investment Management LLC bought a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter valued at $45,000. Advisortrust Partners LLC acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF during the 1st quarter valued at $74,000. Sarver Vrooman Wealth Advisors lifted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 26.7% during the 4th quarter. Sarver Vrooman Wealth Advisors now owns 3,919 shares of the company’s stock valued at $81,000 after acquiring an additional 827 shares during the period. Finally, Align Financial LLC bought a new position in Invesco BulletShares 2028 Corporate Bond ETF during the fourth quarter worth $134,000.

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.