Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Reaches New 12-Month Low – Time to Sell?

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $20.67 and last traded at $20.68, with a volume of 23070 shares changing hands. The stock had previously closed at $20.70.

Invesco BulletShares 2033 Corporate Bond ETF Stock Down 0.1%

The stock has a fifty day moving average price of $20.87 and a 200-day moving average price of $21.11.

Invesco BulletShares 2033 Corporate Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a dividend of $0.0911 per share. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend was Monday, August 24th.

Institutional Investors Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

Several hedge funds have recently bought and sold shares of BSCX. International Assets Investment Management LLC purchased a new position in Invesco BulletShares 2033 Corporate Bond ETF during the 4th quarter valued at about $34,000. CWM LLC acquired a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the fourth quarter worth approximately $34,000. Advisory Services Network LLC acquired a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the third quarter worth approximately $92,000. Montag A & Associates Inc. boosted its holdings in shares of Invesco BulletShares 2033 Corporate Bond ETF by 79.2% during the fourth quarter. Montag A & Associates Inc. now owns 4,524 shares of the company’s stock worth $97,000 after purchasing an additional 2,000 shares during the period. Finally, Align Financial LLC purchased a new position in Invesco BulletShares 2033 Corporate Bond ETF during the fourth quarter valued at approximately $144,000.

About Invesco BulletShares 2033 Corporate Bond ETF

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.