Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Plans Monthly Dividend of $0.07

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) declared a monthly dividend on Monday, November 20th, NASDAQ reports. Investors of record on Tuesday, November 21st will be given a dividend of 0.0697 per share on Friday, November 24th. This represents a $0.84 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date of this dividend is Monday, November 20th. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.07.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

BSCS traded down $0.05 on Monday, reaching $19.60. 859,909 shares of the company’s stock were exchanged, compared to its average volume of 213,058. Invesco BulletShares 2028 Corporate Bond ETF has a twelve month low of $19.07 and a twelve month high of $20.37. The stock’s fifty day moving average price is $19.37 and its 200-day moving average price is $19.63.

Hedge Funds Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of the company. Morgan Stanley raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 43.1% during the third quarter. Morgan Stanley now owns 3,922,417 shares of the company’s stock worth $75,958,000 after purchasing an additional 1,180,982 shares during the period. Royal Bank of Canada raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 7.8% during the third quarter. Royal Bank of Canada now owns 256,808 shares of the company’s stock worth $4,973,000 after purchasing an additional 18,474 shares during the period. Ameriprise Financial Inc. raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 39.8% during the third quarter. Ameriprise Financial Inc. now owns 333,923 shares of the company’s stock worth $6,474,000 after purchasing an additional 95,048 shares during the period. Envestnet Asset Management Inc. raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 46.9% during the third quarter. Envestnet Asset Management Inc. now owns 111,265 shares of the company’s stock worth $2,155,000 after purchasing an additional 35,539 shares during the period. Finally, Osaic Holdings Inc. raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 282.8% during the second quarter. Osaic Holdings Inc. now owns 400,690 shares of the company’s stock worth $7,912,000 after purchasing an additional 296,003 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Company Profile

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.