Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Sees Unusually-High Trading Volume – Time to Buy?

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) shares saw an uptick in trading volume on Tuesday . 1,223,392 shares traded hands 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 Down 0.0%

The stock has a 50-day moving average price of $20.35 and a 200 day moving average price of $20.42.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were issued a $0.0765 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. This is a boost from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, August 24th.

Hedge Funds Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

Large investors have recently added to or reduced their stakes in the company. AlphaCore Capital LLC bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF during the fourth quarter worth about $33,000. International Assets Investment Management LLC bought a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter worth $45,000. Fifth Third Bancorp grew its position in Invesco BulletShares 2028 Corporate Bond ETF by 49.3% in the fourth quarter. Fifth Third Bancorp now owns 2,239 shares of the company’s stock valued at $46,000 after purchasing an additional 739 shares in the last quarter. Advisortrust Partners LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 1st quarter worth about $74,000. Finally, Sarver Vrooman Wealth Advisors boosted its stake 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 worth $81,000 after buying an additional 827 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.