Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Large Volume Increase – Should You Buy?

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) saw unusually-high trading volume on Thursday . Approximately 1,302,599 shares were traded during mid-day trading, an increase of 515% from the previous session’s volume of 211,833 shares.The stock last traded at $20.97 and had previously closed at $20.95.

Invesco BulletShares 2033 Corporate Bond ETF Trading Up 0.1%

The firm’s 50 day moving average is $21.18 and its two-hundred day moving average is $21.38.

Invesco BulletShares 2033 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Monday, May 18th will be paid a $0.0872 dividend. This represents a c) annualized dividend and a dividend yield of 5.0%. This is a positive change from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date is Monday, May 18th.

Institutional Trading of Invesco BulletShares 2033 Corporate Bond ETF

Several hedge funds have recently modified their holdings of BSCX. International Assets Investment Management LLC purchased a new position in Invesco BulletShares 2033 Corporate Bond ETF in the fourth quarter valued at $34,000. CWM LLC acquired a new stake in Invesco BulletShares 2033 Corporate Bond ETF in the 4th quarter valued at about $34,000. Advisory Services Network LLC acquired a new stake in Invesco BulletShares 2033 Corporate Bond ETF in the 3rd quarter valued at about $92,000. Montag A & Associates Inc. boosted its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 79.2% in the 4th quarter. Montag A & Associates Inc. now owns 4,524 shares of the company’s stock valued at $97,000 after buying an additional 2,000 shares during the period. Finally, Align Financial LLC acquired a new position in shares of Invesco BulletShares 2033 Corporate Bond ETF during the fourth quarter worth about $144,000.

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.