Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Reaches New 12-Month Low – Here’s What Happened

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $20.59 and last traded at $20.6050, with a volume of 154269 shares traded. The stock had previously closed at $20.63.

Invesco BulletShares 2033 Corporate Bond ETF Stock Down 0.1%

The company’s 50 day moving average price is $20.82 and its 200 day moving average price is $21.07.

Invesco BulletShares 2033 Corporate Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were paid a $0.0911 dividend. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date was Monday, August 24th.

Institutional Investors Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

Hedge funds have recently bought and sold shares of the stock. Clearstead Advisors LLC raised its position in Invesco BulletShares 2033 Corporate Bond ETF by 157.8% during the 4th quarter. Clearstead Advisors LLC now owns 2,449,217 shares of the company’s stock worth $52,560,000 after buying an additional 1,499,330 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 231.4% in the first quarter. Janney Montgomery Scott LLC now owns 629,946 shares of the company’s stock valued at $13,323,000 after purchasing an additional 439,873 shares during the last quarter. Aptus Capital Advisors LLC increased its position in Invesco BulletShares 2033 Corporate Bond ETF by 5.5% during the fourth quarter. Aptus Capital Advisors LLC now owns 6,878,553 shares of the company’s stock worth $147,614,000 after buying an additional 356,790 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the 2nd quarter worth about $6,217,000. Finally, LPL Financial LLC raised its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 12.7% in the fourth quarter. LPL Financial LLC now owns 1,833,315 shares of the company’s stock valued at $39,343,000 after buying an additional 206,291 shares during the last quarter.

Invesco BulletShares 2033 Corporate Bond ETF Company Profile

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.