Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Hits New 12-Month Low – Here’s What Happened

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) hit a new 52-week low on Tuesday . The company traded as low as $20.08 and last traded at $20.12, with a volume of 280340 shares. The stock had previously closed at $20.12.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

The business’s 50-day moving average is $20.30 and its two-hundred day moving average is $20.51.

Invesco BulletShares 2032 Corporate Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a $0.0844 dividend. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Monday, August 24th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BSCW. Western Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 1st quarter worth about $51,000. SJS Investment Consulting Inc. bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the first quarter valued at approximately $66,000. International Assets Investment Management LLC bought a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF in the first quarter worth $77,000. Comerica Bank increased its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 44.5% in the third quarter. Comerica Bank now owns 3,942 shares of the company’s stock worth $82,000 after purchasing an additional 1,214 shares during the period. Finally, Advisory Services Network LLC acquired a new position in Invesco BulletShares 2032 Corporate Bond ETF in the third quarter valued at about $92,000.

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.