Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Sees Strong Trading Volume – Should You Buy?

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) saw unusually-strong trading volume on Wednesday. Approximately 3,000,270 shares changed hands during mid-day trading, an increase of 297% from the previous session’s volume of 754,954 shares. The stock last traded at $19.5450 and had previously closed at $19.53.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

The stock has a 50-day moving average of $19.61 and a two-hundred day moving average of $19.63.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a dividend of $0.0697 per share. The ex-dividend date was Monday, September 21st. This is a boost from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0694. This represents a $0.84 annualized dividend and a dividend yield of 4.3%.

Hedge Funds Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Hedge funds have recently bought and sold shares of the company. Lido Advisors LLC increased its stake in Invesco BulletShares 2027 Corporate Bond ETF by 5.8% during the 1st quarter. Lido Advisors LLC now owns 70,691,925 shares of the company’s stock valued at $1,400,120,000 after purchasing an additional 3,854,896 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 8.6% in the fourth quarter. LPL Financial LLC now owns 6,738,930 shares of the company’s stock worth $133,026,000 after buying an additional 532,067 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 11.4% during the first quarter. Bank of America Corp DE now owns 5,588,500 shares of the company’s stock valued at $109,674,000 after buying an additional 571,979 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 30.2% during the first quarter. Royal Bank of Canada now owns 2,390,339 shares of the company’s stock valued at $46,909,000 after buying an additional 554,441 shares during the last quarter. Finally, MML Investors Services LLC increased its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 15.8% during the fourth quarter. MML Investors Services LLC now owns 1,924,776 shares of the company’s stock valued at $37,995,000 after acquiring an additional 262,297 shares in the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors. BSCR was launched on Sep 27, 2017 and is managed by Invesco.