Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Hits New 12-Month Low – Time to Sell?

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCYGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $20.25 and last traded at $20.25, with a volume of 5690 shares changing hands. The stock had previously closed at $20.32.

Invesco BulletShares 2034 Corporate Bond ETF Price Performance

The company has a 50-day simple moving average of $20.58 and a 200 day simple moving average of $20.78.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were paid a $0.0885 dividend. The ex-dividend date was Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 5.2%. This is an increase from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.09.

Institutional Trading of Invesco BulletShares 2034 Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the third quarter worth about $47,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter valued at about $63,000. Redmond Asset Management LLC purchased a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the 4th quarter valued at about $202,000. Waverly Advisors LLC purchased a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the 1st quarter valued at about $204,000. Finally, &PARTNERS acquired a new position in Invesco BulletShares 2034 Corporate Bond ETF in the 4th quarter worth about $210,000.

About Invesco BulletShares 2034 Corporate Bond ETF

(Get Free Report)

The Invesco BulletShares 2034 Corporate Bond ETF (BSCY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate bonds with effective maturities in 2034. BSCY was launched on Jun 12, 2024 and is issued by Invesco.

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