Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sees Unusually-High Trading Volume – What’s Next?

Shares of Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw unusually-strong trading volume on Friday . Approximately 378,270 shares were traded during mid-day trading, an increase of 73% from the previous session’s volume of 219,244 shares.The stock last traded at $20.8750 and had previously closed at $20.88.

Invesco BulletShares 2032 Corporate Bond ETF Stock Performance

The company has a fifty day simple moving average of $20.89 and a two-hundred day simple moving average of $20.79.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a dividend of $0.0826 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.08.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BSCW. Jane Street Group LLC increased its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 1,003.3% during the first quarter. Jane Street Group LLC now owns 1,305,664 shares of the company’s stock worth $26,596,000 after acquiring an additional 1,187,323 shares in the last quarter. Hengehold Capital Management LLC acquired a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 2nd quarter worth about $14,017,000. Aptus Capital Advisors LLC grew its stake in Invesco BulletShares 2032 Corporate Bond ETF by 8.2% in the third quarter. Aptus Capital Advisors LLC now owns 8,144,763 shares of the company’s stock valued at $170,063,000 after purchasing an additional 618,513 shares in the last quarter. Sterling Financial Group Inc. increased its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 59.9% during the third quarter. Sterling Financial Group Inc. now owns 954,762 shares of the company’s stock worth $19,935,000 after buying an additional 357,601 shares during the last quarter. Finally, Marietta Wealth Management LLC acquired a new position in Invesco BulletShares 2032 Corporate Bond ETF during the third quarter worth $6,838,000.

Invesco BulletShares 2032 Corporate Bond ETF Company Profile

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) 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 2032. BSCW was launched on Sep 8, 2022 and is managed by Invesco.