Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Reaches New 12-Month Low – Here’s What Happened

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) hit a new 52-week low on Tuesday . The company traded as low as $16.51 and last traded at $16.52, with a volume of 60684 shares traded. The stock had previously closed at $16.53.

Invesco BulletShares 2030 Corporate Bond ETF Stock Down 0.1%

The firm has a 50 day simple moving average of $16.63 and a 200-day simple moving average of $16.77.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, July 24th. Stockholders of record on Monday, July 20th will be issued a $0.0639 dividend. The ex-dividend date is Monday, July 20th. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous dividend of $0.06.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BSCU. Butensky & Cohen Financial Security Inc. lifted its position in Invesco BulletShares 2030 Corporate Bond ETF by 5.1% during the second quarter. Butensky & Cohen Financial Security Inc. now owns 99,772 shares of the company’s stock valued at $1,661,000 after acquiring an additional 4,821 shares during the last quarter. Whitener Capital Management Inc. grew its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 113.8% in the second quarter. Whitener Capital Management Inc. now owns 108,110 shares of the company’s stock worth $1,799,000 after purchasing an additional 57,540 shares during the last quarter. City Holding Co. acquired a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the second quarter worth $906,000. Sax Wealth Advisors LLC lifted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 32.9% during the 2nd quarter. Sax Wealth Advisors LLC now owns 49,477 shares of the company’s stock valued at $827,000 after purchasing an additional 12,245 shares during the last quarter. Finally, Oliver Luxxe Assets LLC lifted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 25.6% during the 2nd quarter. Oliver Luxxe Assets LLC now owns 80,501 shares of the company’s stock valued at $1,340,000 after purchasing an additional 16,403 shares during the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

The Invesco BulletShares 2030 Corporate Bond ETF (BSCU) 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 2030. BSCU was launched on Sep 16, 2020 and is managed by Invesco.