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 Monday . 975,155 shares were traded 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 Stock Up 0.1 %

The stock has a fifty day moving average of $20.21 and a 200 day moving average of $20.30.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders 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 an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous dividend of $0.08.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Horizons Wealth Management lifted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 6.1% during the fourth quarter. Horizons Wealth Management now owns 172,745 shares of the company’s stock valued at $3,477,000 after purchasing an additional 9,944 shares in the last quarter. Legacy Wealth Management LLC MS lifted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 2.1% during the 4th quarter. Legacy Wealth Management LLC MS now owns 39,805 shares of the company’s stock valued at $801,000 after buying an additional 805 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 164.4% during the 4th quarter. GAMMA Investing LLC now owns 22,370 shares of the company’s stock valued at $450,000 after buying an additional 13,908 shares in the last quarter. Old Port Advisors boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 41.4% in the 4th quarter. Old Port Advisors now owns 116,848 shares of the company’s stock worth $2,352,000 after buying an additional 34,224 shares during the period. Finally, JPMorgan Chase & Co. purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter worth $2,973,000.

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.