Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Declares Dividend Increase – $0.09 Per Share

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) announced a monthly dividend on Monday, December 22nd. Shareholders of record on Monday, December 22nd will be paid a dividend of 0.0875 per share on Friday, December 26th. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date is Monday, December 22nd. This is a 3.6% increase from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.08.

Invesco BulletShares 2033 Corporate Bond ETF Stock Down 0.5%

Shares of BSCX traded down $0.10 during mid-day trading on Monday, hitting $21.40. 258,662 shares of the stock were exchanged, compared to its average volume of 166,878. Invesco BulletShares 2033 Corporate Bond ETF has a 52-week low of $20.15 and a 52-week high of $21.86. The firm has a 50-day moving average of $21.51 and a two-hundred day moving average of $21.34.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Davis Capital Management bought a new stake in Invesco BulletShares 2033 Corporate Bond ETF during the 3rd quarter valued at $61,000. Advisory Services Network LLC bought a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF in the 3rd quarter valued at about $92,000. Ameritas Advisory Services LLC acquired a new stake in Invesco BulletShares 2033 Corporate Bond ETF in the second quarter valued at approximately $119,000. YANKCOM Partnership boosted its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 24.1% in the 2nd quarter. YANKCOM Partnership now owns 6,296 shares of the company’s stock worth $133,000 after purchasing an additional 1,224 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the third quarter worth about $205,000.

About Invesco BulletShares 2033 Corporate Bond ETF

The Invesco BulletShares 2033 Corporate Bond ETF (BSCX) 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 2033. BSCX was launched on Sep 20, 2023 and is issued by Invesco.