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

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) saw unusually-high trading volume on Monday . Approximately 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 company has a 50 day simple moving average of $20.21 and a two-hundred day simple moving average of $20.30.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.0783 per share. This is a boost from Invesco BulletShares 2028 Corporate Bond ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. LPL Financial LLC increased its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 55.7% in the third quarter. LPL Financial LLC now owns 4,595,249 shares of the company’s stock worth $94,478,000 after purchasing an additional 1,643,265 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter worth approximately $11,385,000. Aptus Capital Advisors LLC boosted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 43.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 1,326,492 shares of the company’s stock valued at $27,273,000 after acquiring an additional 400,786 shares during the last quarter. AMJ Financial Wealth Management purchased a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the second quarter valued at $7,197,000. Finally, Strategic Financial Concepts LLC increased its position in Invesco BulletShares 2028 Corporate Bond ETF by 1,407.0% in the second quarter. Strategic Financial Concepts LLC now owns 376,239 shares of the company’s stock worth $75,000 after purchasing an additional 351,273 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.