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 unusually-high trading volume on Thursday . 4,761,364 shares changed hands during trading, an increase of 600% from the previous session’s volume of 680,058 shares.The stock last traded at $20.33 and had previously closed at $20.36.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

The company’s fifty day simple moving average is $20.36 and its 200 day simple moving average is $20.45.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were paid a $0.0756 dividend. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Institutional Investors Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

Several hedge funds have recently bought and sold shares of BSCS. Butensky & Cohen Financial Security Inc. grew its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 3.5% in the second quarter. Butensky & Cohen Financial Security Inc. now owns 76,941 shares of the company’s stock valued at $1,567,000 after purchasing an additional 2,636 shares during the last quarter. Whitener Capital Management Inc. boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 14.2% in the 2nd quarter. Whitener Capital Management Inc. now owns 148,307 shares of the company’s stock valued at $3,020,000 after purchasing an additional 18,450 shares during the period. City Holding Co. bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 2nd quarter valued at $877,000. SMI Advisory Services LLC grew its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 10.4% in the 2nd quarter. SMI Advisory Services LLC now owns 18,958 shares of the company’s stock valued at $386,000 after buying an additional 1,785 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC grew its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 28.3% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 23,583 shares of the company’s stock valued at $480,000 after buying an additional 5,200 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.