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

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) saw an uptick in trading volume on Wednesday . 1,810,826 shares changed hands during mid-day trading, an increase of 315% from the previous session’s volume of 436,243 shares.The stock last traded at $20.26 and had previously closed at $20.25.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

The company has a 50 day simple moving average of $20.28 and a two-hundred day simple moving average of $20.29.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were paid a $0.0761 dividend. The ex-dividend date of this dividend was Monday, November 18th. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous dividend of $0.01.

Hedge Funds Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter worth about $26,000. Unique Wealth Strategies LLC acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF in the second quarter worth approximately $35,000. Prospera Private Wealth LLC bought a new position in Invesco BulletShares 2028 Corporate Bond ETF during the third quarter valued at approximately $38,000. OLD Second National Bank of Aurora acquired a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the third quarter valued at approximately $50,000. Finally, Anchor Investment Management LLC lifted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 27.3% in the second quarter. Anchor Investment Management LLC now owns 3,262 shares of the company’s stock valued at $65,000 after acquiring an additional 700 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.