Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Large Volume Increase – Here’s What Happened

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw an uptick in trading volume on Monday . 1,328,483 shares changed hands during trading, an increase of 148% from the previous session’s volume of 535,630 shares.The stock last traded at $16.9050 and had previously closed at $16.90.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

The company’s 50-day moving average price is $16.93 and its 200 day moving average price is $16.84.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Investors of record on Monday, November 24th were paid a dividend of $0.0641 per share. The ex-dividend date of this dividend was Monday, November 24th. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a yield of 4.6%.

Institutional Trading of Invesco BulletShares 2030 Corporate Bond ETF

Several institutional investors have recently bought and sold shares of the company. Key Financial Inc lifted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 5.3% during the third quarter. Key Financial Inc now owns 11,860 shares of the company’s stock valued at $201,000 after purchasing an additional 600 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Invesco BulletShares 2030 Corporate Bond ETF by 17.8% during the first quarter. PNC Financial Services Group Inc. now owns 4,176 shares of the company’s stock valued at $69,000 after acquiring an additional 632 shares during the last quarter. Larson Financial Group LLC boosted its position in Invesco BulletShares 2030 Corporate Bond ETF by 4.3% in the third quarter. Larson Financial Group LLC now owns 19,508 shares of the company’s stock worth $330,000 after purchasing an additional 801 shares during the last quarter. Ledgewood Wealth Advisors LLC raised its position in Invesco BulletShares 2030 Corporate Bond ETF by 0.7% in the second quarter. Ledgewood Wealth Advisors LLC now owns 125,029 shares of the company’s stock worth $2,098,000 after acquiring an additional 863 shares during the period. Finally, CRA Financial Services LLC grew its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 2.0% during the 2nd quarter. CRA Financial Services LLC now owns 49,960 shares of the company’s stock valued at $838,000 after acquiring an additional 1,000 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

The Invesco BulletShares 2030 Corporate Bond ETF (BSCU) 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 2030. BSCU was launched on Sep 16, 2020 and is managed by Invesco.