Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Unusually-High Trading Volume – Still a Buy?

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) shares saw strong trading volume on Thursday . 114,764 shares changed hands during trading, a decline of 42% from the previous session’s volume of 199,511 shares.The stock last traded at $20.78 and had previously closed at $20.78.

Invesco BulletShares 2033 Corporate Bond ETF Trading Up 0.0%

The stock’s fifty day simple moving average is $20.88 and its two-hundred day simple moving average is $21.12.

Invesco BulletShares 2033 Corporate Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 24th will be issued a dividend of $0.0911 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Monday, August 24th.

Institutional Trading of Invesco BulletShares 2033 Corporate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada lifted its holdings in Invesco BulletShares 2033 Corporate Bond ETF by 36.7% during the 1st quarter. Royal Bank of Canada now owns 134,604 shares of the company’s stock worth $2,812,000 after buying an additional 36,111 shares during the period. Jane Street Group LLC increased its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 782.0% in the first quarter. Jane Street Group LLC now owns 173,819 shares of the company’s stock valued at $3,631,000 after buying an additional 154,112 shares during the period. Cetera Investment Advisers bought a new position in shares of Invesco BulletShares 2033 Corporate Bond ETF during the second quarter worth about $274,000. JPMorgan Chase & Co. bought a new position in shares of Invesco BulletShares 2033 Corporate Bond ETF during the second quarter worth about $6,217,000. Finally, HUB Investment Partners LLC lifted its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 6.7% in the second quarter. HUB Investment Partners LLC now owns 87,194 shares of the company’s stock worth $1,849,000 after acquiring an additional 5,512 shares during the period.

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.