Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ) Reaches New 52-Week Low – Time to Sell?

Shares of Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ) hit a new 52-week low during trading on Thursday . The stock traded as low as $19.41 and last traded at $19.5350, with a volume of 7181 shares traded. The stock had previously closed at $19.53.

Invesco BulletShares 2026 Corporate Bond ETF Trading Up 0.1%

The company has a 50 day simple moving average of $19.53 and a 200-day simple moving average of $19.54.

Invesco BulletShares 2026 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were issued a $0.0619 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, August 24th.

Institutional Trading of Invesco BulletShares 2026 Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of BSCQ. Redwood Financial Network Corp boosted its stake in Invesco BulletShares 2026 Corporate Bond ETF by 0.6% in the second quarter. Redwood Financial Network Corp now owns 97,040 shares of the company’s stock valued at $1,894,000 after acquiring an additional 536 shares during the period. Proficio Capital Partners LLC boosted its holdings in shares of Invesco BulletShares 2026 Corporate Bond ETF by 1.1% during the third quarter. Proficio Capital Partners LLC now owns 54,655 shares of the company’s stock valued at $1,069,000 after acquiring an additional 568 shares during the period. Coastal Bridge Advisors LLC grew its position in shares of Invesco BulletShares 2026 Corporate Bond ETF by 2.7% during the fourth quarter. Coastal Bridge Advisors LLC now owns 26,412 shares of the company’s stock worth $517,000 after acquiring an additional 683 shares during the last quarter. Sunbeam Capital Management LLC grew its position in shares of Invesco BulletShares 2026 Corporate Bond ETF by 0.5% during the fourth quarter. Sunbeam Capital Management LLC now owns 137,626 shares of the company’s stock worth $2,694,000 after acquiring an additional 703 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Invesco BulletShares 2026 Corporate Bond ETF by 0.4% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 175,187 shares of the company’s stock worth $3,421,000 after acquiring an additional 728 shares during the period.

About Invesco BulletShares 2026 Corporate Bond ETF

The Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) 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 2026. The fund will unwind in December 2026 and return capitals and proceeds to investors. BSCQ was launched on Sep 14, 2016 and is managed by Invesco.