Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Large Volume Increase – Here’s What Happened

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) saw an uptick in trading volume on Thursday . 1,302,599 shares changed hands during mid-day trading, an increase of 515% from the previous session’s volume of 211,833 shares.The stock last traded at $20.97 and had previously closed at $20.95.

Invesco BulletShares 2033 Corporate Bond ETF Trading Up 0.1%

The firm’s 50-day moving average price is $21.18 and its two-hundred day moving average price is $21.38.

Invesco BulletShares 2033 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 18th will be paid a dividend of $0.0872 per share. The ex-dividend date is Monday, May 18th. This represents a c) annualized dividend and a yield of 5.0%. This is an increase from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.08.

Hedge Funds Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

Large investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its position 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 worth $8,766,000 after purchasing an additional 47,689 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Invesco BulletShares 2033 Corporate Bond ETF by 94.4% in the 1st quarter. Royal Bank of Canada now owns 383,288 shares of the company’s stock valued at $8,107,000 after purchasing an additional 186,120 shares during the last quarter. Waverly Advisors LLC boosted its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 20.9% in the 1st quarter. Waverly Advisors LLC now owns 18,861 shares of the company’s stock valued at $399,000 after purchasing an additional 3,261 shares during the period. Modern Wealth Management LLC grew its stake in Invesco BulletShares 2033 Corporate Bond ETF by 1.4% during the 1st quarter. Modern Wealth Management LLC now owns 337,138 shares of the company’s stock worth $7,136,000 after buying an additional 4,575 shares during the last quarter. Finally, Davis R M Inc. grew its stake in Invesco BulletShares 2033 Corporate Bond ETF by 44.3% during the 1st quarter. Davis R M Inc. now owns 55,294 shares of the company’s stock worth $1,169,000 after buying an additional 16,982 shares during the last quarter.

About Invesco BulletShares 2033 Corporate Bond ETF

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.