Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Reaches New 12-Month Low – Should You Sell?

by · The Cerbat Gem

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCSGet Free Report)’s share price reached a new 52-week low on Monday . The company traded as low as $20.30 and last traded at $20.31, with a volume of 22466 shares traded. The stock had previously closed at $20.39.

Invesco BulletShares 2028 Corporate Bond ETF Trading Down 0.4%

The stock’s fifty day simple moving average is $20.38 and its 200-day simple moving average is $20.47.

Invesco BulletShares 2028 Corporate Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.0753 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AlphaCore Capital LLC acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF during the fourth quarter worth approximately $33,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter worth $45,000. Fifth Third Bancorp increased its position in Invesco BulletShares 2028 Corporate Bond ETF by 49.3% during the fourth quarter. Fifth Third Bancorp now owns 2,239 shares of the company’s stock worth $46,000 after acquiring an additional 739 shares during the period. Advisortrust Partners LLC bought a new position in Invesco BulletShares 2028 Corporate Bond ETF during the first quarter worth $74,000. Finally, Sarver Vrooman Wealth Advisors raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 26.7% during the 4th quarter. Sarver Vrooman Wealth Advisors now owns 3,919 shares of the company’s stock valued at $81,000 after purchasing an additional 827 shares during the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Company Profile

(Get Free Report)

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.

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