Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Reaches New 52-Week Low – What’s Next?

Shares of Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $20.30 and last traded at $20.31, with a volume of 22466 shares changing hands. The stock had previously closed at $20.39.

Invesco BulletShares 2028 Corporate Bond ETF Trading Down 0.4%

The business has a fifty day moving average of $20.38 and a 200-day moving average of $20.47.

Invesco BulletShares 2028 Corporate Bond ETF Dividend Announcement

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

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

Large investors have recently added to or reduced their stakes in the business. Invesco Ltd. lifted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 13.2% during the second quarter. Invesco Ltd. now owns 2,157,631 shares of the company’s stock valued at $44,210,000 after purchasing an additional 252,312 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 37.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 641,989 shares of the company’s stock worth $13,155,000 after buying an additional 173,858 shares during the period. Bank of America Corp DE raised its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 1.3% during the 2nd quarter. Bank of America Corp DE now owns 3,367,938 shares of the company’s stock worth $69,009,000 after buying an additional 43,015 shares during the period. EP Wealth Advisors LLC lifted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 0.9% during the second quarter. EP Wealth Advisors LLC now owns 67,227 shares of the company’s stock valued at $1,377,000 after buying an additional 595 shares in the last quarter. Finally, MML Investors Services LLC boosted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 9.4% in the second quarter. MML Investors Services LLC now owns 778,550 shares of the company’s stock worth $15,952,000 after buying an additional 66,755 shares during the period.

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.