Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Sets New 1-Year Low – Time to Sell?

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR)’s stock price hit a new 52-week low on Monday . The company traded as low as $19.55 and last traded at $19.5550, with a volume of 33751 shares. The stock had previously closed at $19.61.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

The stock has a 50-day moving average of $19.62 and a two-hundred day moving average of $19.63.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 21st will be paid a $0.0697 dividend. The ex-dividend date of this dividend is Monday, September 21st. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is a positive change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of BSCR. Lido Advisors LLC grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 5.8% in the first quarter. Lido Advisors LLC now owns 70,691,925 shares of the company’s stock worth $1,400,120,000 after acquiring an additional 3,854,896 shares in the last quarter. Financial Solutions Advisory Group Inc. acquired a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the first quarter valued at about $16,595,000. Bank of America Corp DE grew its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 11.4% in the 1st quarter. Bank of America Corp DE now owns 5,588,500 shares of the company’s stock valued at $109,674,000 after buying an additional 571,979 shares during the last quarter. Royal Bank of Canada grew its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 30.2% in the first quarter. Royal Bank of Canada now owns 2,390,339 shares of the company’s stock worth $46,909,000 after acquiring an additional 554,441 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 8.6% during the 4th quarter. LPL Financial LLC now owns 6,738,930 shares of the company’s stock worth $133,026,000 after purchasing an additional 532,067 shares during the period.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors. BSCR was launched on Sep 27, 2017 and is managed by Invesco.