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

Shares of Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw unusually-high trading volume on Tuesday . Approximately 1,305,266 shares changed hands during trading, an increase of 262% from the previous session’s volume of 361,006 shares.The stock last traded at $16.6550 and had previously closed at $16.66.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

The firm’s 50 day moving average price is $16.71 and its 200-day moving average price is $16.62.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 22nd will be paid a $0.0627 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Asset Dedication LLC boosted its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 11.5% in the 3rd quarter. Asset Dedication LLC now owns 402,238 shares of the company’s stock worth $6,709,000 after purchasing an additional 41,577 shares during the last quarter. Captrust Financial Advisors increased its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 56.0% in the third quarter. Captrust Financial Advisors now owns 95,603 shares of the company’s stock valued at $1,595,000 after purchasing an additional 34,317 shares during the last quarter. Advisory Services Network LLC acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF in the third quarter valued at about $92,000. Opulen Financial Group LLC boosted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 18.8% during the third quarter. Opulen Financial Group LLC now owns 161,674 shares of the company’s stock worth $2,697,000 after buying an additional 25,568 shares during the last quarter. Finally, Kestra Private Wealth Services LLC grew its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 4.4% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 77,327 shares of the company’s stock worth $1,290,000 after buying an additional 3,254 shares during the period.

Invesco BulletShares 2031 Corporate Bond ETF Company Profile

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.