Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Sets New 52-Week Low – Should You Sell?

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) shares reached 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 35905 shares trading hands. The stock had previously closed at $20.40.

Invesco BulletShares 2028 Corporate Bond ETF Stock Down 0.4%

The business has a 50 day moving average of $20.41 and a 200 day moving average of $20.51.

Invesco BulletShares 2028 Corporate Bond ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 22nd will be issued a $0.0753 dividend. The ex-dividend date is Monday, June 22nd.

Institutional Investors Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

A number of large investors have recently modified their holdings of the stock. Fifth Third Bancorp purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the third quarter worth about $31,000. AlphaCore Capital LLC purchased a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter worth approximately $33,000. International Assets Investment Management LLC purchased a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter worth approximately $45,000. Advisortrust Partners LLC bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 1st quarter worth approximately $74,000. Finally, Sarver Vrooman Wealth Advisors raised its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 26.7% in the 4th quarter. Sarver Vrooman Wealth Advisors now owns 3,919 shares of the company’s stock worth $81,000 after acquiring an additional 827 shares in 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.