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

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) saw unusually-strong trading volume on Friday . Approximately 731,329 shares changed hands during trading, an increase of 70% from the previous session’s volume of 430,996 shares.The stock last traded at $20.23 and had previously closed at $20.22.

Invesco BulletShares 2028 Corporate Bond ETF Trading Down 0.1 %

The stock has a fifty day moving average of $20.47 and a 200-day moving average of $20.20.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were issued a dividend of $0.076 per share. The ex-dividend date was Monday, October 21st. This represents a $0.91 dividend on an annualized basis and a dividend yield of 4.51%. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08.

Institutional Investors Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in BSCS. Private Advisor Group LLC boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 30.9% in the 1st quarter. Private Advisor Group LLC now owns 320,463 shares of the company’s stock valued at $6,432,000 after purchasing an additional 75,571 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 15.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 529,939 shares of the company’s stock valued at $10,636,000 after purchasing an additional 71,793 shares in the last quarter. Comprehensive Financial Consultants Institutional Inc. boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 23.7% in the 1st quarter. Comprehensive Financial Consultants Institutional Inc. now owns 19,673 shares of the company’s stock valued at $395,000 after purchasing an additional 3,767 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 36.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 95,635 shares of the company’s stock valued at $1,919,000 after purchasing an additional 25,656 shares in the last quarter. Finally, Kades & Cheifetz LLC boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 5.4% in the 1st quarter. Kades & Cheifetz LLC now owns 14,522 shares of the company’s stock valued at $291,000 after purchasing an additional 749 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.