Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Hits New 12-Month High at $20.66

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $20.66 and last traded at $20.65, with a volume of 1361 shares traded. The stock had previously closed at $20.64.

Invesco BulletShares 2028 Corporate Bond ETF Trading Up 0.1 %

The firm’s fifty day moving average price is $20.33 and its 200-day moving average price is $20.09.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were given a dividend of $0.082 per share. The ex-dividend date of this dividend was Monday, August 19th. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $0.98 dividend on an annualized basis and a yield of 4.76%.

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BSCS. Raymond James & Associates grew its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 96.6% during the 2nd quarter. Raymond James & Associates now owns 1,732,471 shares of the company’s stock worth $34,563,000 after acquiring an additional 851,195 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 49.9% in the fourth quarter. Wells Fargo & Company MN now owns 2,317,200 shares of the company’s stock valued at $46,993,000 after purchasing an additional 771,571 shares in the last quarter. UBS Group AG raised its position in Invesco BulletShares 2028 Corporate Bond ETF by 109.3% in the 4th quarter. UBS Group AG now owns 1,304,148 shares of the company’s stock worth $26,448,000 after purchasing an additional 681,080 shares during the last quarter. Sterling Financial Group Inc. increased its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 4,100.2% in the 1st quarter. Sterling Financial Group Inc. now owns 611,213 shares of the company’s stock valued at $12,267,000 after buying an additional 596,661 shares during the period. Finally, Legacy Financial Group LLC boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 4,153.7% in the first quarter. Legacy Financial Group LLC now owns 559,785 shares of the company’s stock valued at $11,235,000 after acquiring an additional 546,625 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.