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

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) saw unusually-strong trading volume on Monday . 667,116 shares were traded during mid-day trading, an increase of 217% from the previous session’s volume of 210,279 shares.The stock last traded at $21.14 and had previously closed at $21.12.

Invesco BulletShares 2033 Corporate Bond ETF Stock Performance

The stock’s 50 day moving average price is $21.10 and its two-hundred day moving average price is $21.30.

Invesco BulletShares 2033 Corporate Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.0842 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) annualized dividend and a yield of 4.8%.

Hedge Funds Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the company. Asset Dedication LLC boosted its position in Invesco BulletShares 2033 Corporate Bond ETF by 18.8% during the first quarter. Asset Dedication LLC now owns 267,433 shares of the company’s stock worth $5,656,000 after acquiring an additional 42,370 shares during the last quarter. Allen Capital Group LLC boosted its holdings in shares of Invesco BulletShares 2033 Corporate Bond ETF by 12.7% during the first quarter. Allen Capital Group LLC now owns 19,677 shares of the company’s stock worth $416,000 after purchasing an additional 2,210 shares during the last quarter. Bank of America Corp DE boosted its holdings 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 during the last quarter. Royal Bank of Canada grew its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 94.4% in the first 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 period. Finally, Waverly Advisors LLC grew its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 20.9% in the first 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.

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.