Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Sees Strong Trading Volume – Still a Buy?

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) shares saw an uptick in trading volume on Tuesday . 1,223,392 shares were traded during mid-day trading, an increase of 76% from the previous session’s volume of 694,757 shares.The stock last traded at $20.30 and had previously closed at $20.30.

Invesco BulletShares 2028 Corporate Bond ETF Trading Up 0.0%

The firm has a 50-day simple moving average of $20.34 and a two-hundred day simple moving average of $20.41.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently declared 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 is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Monday, August 24th.

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BSCS. Hills Bank & Trust Co raised its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 1.1% in the 4th quarter. Hills Bank & Trust Co now owns 2,386,712 shares of the company’s stock valued at $49,166,000 after acquiring an additional 25,033 shares in the last quarter. Rothschild Wealth LLC acquired a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter worth $17,072,000. Thrivent Financial for Lutherans bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter worth $2,407,000. J.W. Cole Advisors Inc. increased its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 26.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 138,300 shares of the company’s stock worth $2,835,000 after purchasing an additional 28,537 shares during the period. Finally, Lido Advisors LLC raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 6.1% in the fourth quarter. Lido Advisors LLC now owns 5,342,067 shares of the company’s stock valued at $109,901,000 after purchasing an additional 305,484 shares in 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.