Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Sees Large Volume Increase – Should You Buy?

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) shares saw unusually-strong trading volume on Tuesday . Approximately 1,305,266 shares were traded during mid-day trading, an increase of 262% from the previous session’s volume of 361,006 shares.The stock last traded at $16.6550 and had previously closed at $16.66.

Invesco BulletShares 2031 Corporate Bond ETF Trading Down 0.0%

The company’s 50-day moving average is $16.71 and its 200-day moving average is $16.62.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 22nd will be given a dividend of $0.0627 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Monday, December 22nd.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Angeles Wealth Management LLC acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF during the 2nd quarter worth $39,000. Davis Capital Management bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth $53,000. SJS Investment Consulting Inc. acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the second quarter valued at $66,000. Advisory Services Network LLC acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the third quarter valued at $92,000. Finally, PNC Financial Services Group Inc. boosted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 100.8% in the third quarter. PNC Financial Services Group Inc. now owns 6,045 shares of the company’s stock valued at $101,000 after acquiring an additional 3,034 shares during the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Company Profile

The Invesco BulletShares 2031 Corporate Bond ETF (BSCV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade corporate bonds with effective maturities in 2031. The fund will unwind in December 2031 and return capitals and proceeds to investors. BSCV was launched on Sep 15, 2021 and is managed by Invesco.