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

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) saw unusually-strong trading volume on Monday . Approximately 975,155 shares traded hands during mid-day trading, an increase of 79% from the previous session’s volume of 545,872 shares.The stock last traded at $20.14 and had previously closed at $20.14.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

The company has a fifty day moving average price of $20.22 and a two-hundred day moving average price of $20.30.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.0783 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous dividend of $0.08.

Hedge Funds Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BSCS. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter valued at approximately $26,000. Prospera Private Wealth LLC acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter valued at $38,000. OLD Second National Bank of Aurora purchased a new position in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter worth $50,000. Anchor Investment Management LLC lifted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 27.3% in the 2nd quarter. Anchor Investment Management LLC now owns 3,262 shares of the company’s stock worth $65,000 after acquiring an additional 700 shares during the period. Finally, Strategic Financial Concepts LLC boosted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1,407.0% in the second quarter. Strategic Financial Concepts LLC now owns 376,239 shares of the company’s stock valued at $75,000 after acquiring an additional 351,273 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Company Profile

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.