Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) saw an uptick in trading volume on Thursday . Approximately 494,183 shares traded hands during mid-day trading, a decline of 30% from the previous session’s volume of 705,898 shares.The stock last traded at $20.37 and had previously closed at $20.36.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

The business’s 50-day simple moving average is $20.38 and its 200 day simple moving average is $20.48.

Invesco BulletShares 2028 Corporate Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a $0.0753 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. lifted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 13.2% during the second quarter. Invesco Ltd. now owns 2,157,631 shares of the company’s stock valued at $44,210,000 after purchasing an additional 252,312 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 37.1% in the second quarter. Ameriprise Financial Inc. now owns 641,989 shares of the company’s stock worth $13,155,000 after acquiring an additional 173,858 shares during the last quarter. Bank of America Corp DE increased its position in Invesco BulletShares 2028 Corporate Bond ETF by 1.3% in the 2nd quarter. Bank of America Corp DE now owns 3,367,938 shares of the company’s stock worth $69,009,000 after purchasing an additional 43,015 shares during the last quarter. EP Wealth Advisors LLC raised its position in Invesco BulletShares 2028 Corporate Bond ETF by 0.9% during the second quarter. EP Wealth Advisors LLC now owns 67,227 shares of the company’s stock valued at $1,377,000 after acquiring an additional 595 shares in the last quarter. Finally, MML Investors Services LLC lifted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 9.4% in the second quarter. MML Investors Services LLC now owns 778,550 shares of the company’s stock worth $15,952,000 after buying an additional 66,755 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.