Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Unusually-High Trading Volume – What’s Next?

Shares of Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) saw unusually-strong trading volume on Tuesday . Approximately 497,476 shares traded hands during mid-day trading, an increase of 211% from the previous session’s volume of 160,080 shares.The stock last traded at $21.4950 and had previously closed at $21.48.

Invesco BulletShares 2033 Corporate Bond ETF Price Performance

The firm’s 50-day moving average price is $21.52 and its 200-day moving average price is $21.28.

Invesco BulletShares 2033 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Monday, November 24th were issued a dividend of $0.0844 per share. The ex-dividend date of this dividend was Monday, November 24th. This represents a c) dividend on an annualized basis and a yield of 4.7%.

Hedge Funds Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

A number of large investors have recently made changes to their positions in the stock. Davis Capital Management bought a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the 3rd quarter valued at $61,000. Advisory Services Network LLC purchased a new position in Invesco BulletShares 2033 Corporate Bond ETF during the 3rd quarter valued at about $92,000. Ameritas Advisory Services LLC purchased a new position in Invesco BulletShares 2033 Corporate Bond ETF during the 2nd quarter valued at about $119,000. YANKCOM Partnership increased its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 24.1% during the second quarter. YANKCOM Partnership now owns 6,296 shares of the company’s stock valued at $133,000 after buying an additional 1,224 shares during the period. Finally, Mercer Global Advisors Inc. ADV bought a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the third quarter valued at about $205,000.

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.