Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Reaches New 52-Week Low – What’s Next?

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $20.41 and last traded at $20.3940, with a volume of 343931 shares changing hands. The stock had previously closed at $20.41.

Invesco BulletShares 2033 Corporate Bond ETF Trading Down 0.1%

The firm’s 50-day moving average price is $20.77 and its 200 day moving average price is $21.04.

Invesco BulletShares 2033 Corporate Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were paid a $0.0911 dividend. This represents a c) dividend on an annualized basis and a yield of 5.4%. 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 and other institutional investors have recently modified their holdings of the company. City Holding Co. bought a new position in shares of Invesco BulletShares 2033 Corporate Bond ETF in the 2nd quarter worth $869,000. Independent Financial Group LLC bought a new position in shares of Invesco BulletShares 2033 Corporate Bond ETF in the first quarter valued at $4,347,000. Bank of America Corp DE grew its holdings in shares of Invesco BulletShares 2033 Corporate Bond ETF by 13.0% during the first quarter. Bank of America Corp DE now owns 414,450 shares of the company’s stock valued at $8,766,000 after buying an additional 47,689 shares during the last quarter. Baird Financial Group Inc. increased its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 17.4% during the second quarter. Baird Financial Group Inc. now owns 622,811 shares of the company’s stock worth $13,113,000 after acquiring an additional 92,106 shares in the last quarter. Finally, Carroll Advisory Group LLC bought a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the fourth quarter worth about $1,777,000.

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.