Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sees Unusually-High Trading Volume After Dividend Announcement

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw an uptick in trading volume on Monday after the company announced a dividend. 452,805 shares traded hands during mid-day trading, an increase of 110% from the previous session’s volume of 215,157 shares.The stock last traded at $20.8250 and had previously closed at $20.92.

The newly announced dividend which will be paid on Friday, December 26th. Investors of record on Monday, December 22nd will be given a dividend of $0.0826 per share. This represents a c) annualized dividend and a yield of 4.8%. This is a boost from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend is Monday, December 22nd.

Invesco BulletShares 2032 Corporate Bond ETF Trading Down 0.5%

The firm has a 50-day moving average of $20.92 and a 200 day moving average of $20.77.

Hedge Funds Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BSCW. CWM LLC bought a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the third quarter worth $25,000. Comerica Bank grew its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 44.5% in the 3rd quarter. Comerica Bank now owns 3,942 shares of the company’s stock valued at $82,000 after acquiring an additional 1,214 shares during the period. Advisory Services Network LLC acquired a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 3rd quarter worth about $92,000. Horizons Wealth Management bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 3rd quarter valued at about $133,000. Finally, Front Row Advisors LLC bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 2nd quarter valued at about $172,000.

Invesco BulletShares 2032 Corporate Bond ETF Company Profile

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) 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 2032. BSCW was launched on Sep 8, 2022 and is managed by Invesco.