Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw an uptick in trading volume on Wednesday . 1,732,188 shares traded hands during trading, an increase of 406% from the previous session’s volume of 342,189 shares.The stock last traded at $16.7050 and had previously closed at $16.71.

Invesco BulletShares 2031 Corporate Bond ETF Stock Down 0.1%

The firm’s fifty day moving average is $16.71 and its 200 day moving average is $16.61.

Invesco BulletShares 2031 Corporate Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Monday, November 24th were paid a $0.0642 dividend. The ex-dividend date was Monday, November 24th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BSCV. Hengehold Capital Management LLC raised its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 99.0% in the 2nd quarter. Hengehold Capital Management LLC now owns 2,062,293 shares of the company’s stock valued at $34,090,000 after buying an additional 1,026,132 shares in the last quarter. Baird Financial Group Inc. bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the first quarter worth $12,928,000. Aptus Capital Advisors LLC boosted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 8.2% in the third quarter. Aptus Capital Advisors LLC now owns 9,912,068 shares of the company’s stock valued at $165,333,000 after acquiring an additional 752,732 shares during the last quarter. Central Valley Advisors LLC bought a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter worth about $8,794,000. Finally, Modern Wealth Management LLC acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 2nd quarter worth approximately $8,569,000.

About Invesco BulletShares 2031 Corporate Bond ETF

The Invesco BulletShares 2031 Corporate Bond ETF (BSCV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade corporate bonds with effective maturities in 2031. The fund will unwind in December 2031 and return capitals and proceeds to investors. BSCV was launched on Sep 15, 2021 and is managed by Invesco.