Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Hits New 1-Year Low – Here’s Why

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $20.26 and last traded at $20.27, with a volume of 364703 shares traded. The stock had previously closed at $20.33.

Invesco BulletShares 2032 Corporate Bond ETF Stock Down 0.1%

The firm’s fifty day moving average price is $20.46 and its 200-day moving average price is $20.67.

Invesco BulletShares 2032 Corporate Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, July 24th. Shareholders of record on Monday, July 20th will be given a dividend of $0.0826 per share. The ex-dividend date of this dividend is Monday, July 20th.

Institutional Trading of Invesco BulletShares 2032 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSCW. Aptus Capital Advisors LLC increased its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 5.5% during the fourth quarter. Aptus Capital Advisors LLC now owns 8,589,639 shares of the company’s stock valued at $179,309,000 after acquiring an additional 444,876 shares in the last quarter. Morgan Stanley boosted its stake in Invesco BulletShares 2032 Corporate Bond ETF by 10.6% during the 4th quarter. Morgan Stanley now owns 4,426,019 shares of the company’s stock valued at $92,393,000 after purchasing an additional 425,000 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Invesco BulletShares 2032 Corporate Bond ETF by 6.8% during the 3rd quarter. Raymond James Financial Inc. now owns 3,125,076 shares of the company’s stock valued at $65,252,000 after purchasing an additional 199,764 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 33.9% in the 4th quarter. Wells Fargo & Company MN now owns 3,003,482 shares of the company’s stock worth $62,698,000 after purchasing an additional 760,857 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 1,006.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,374,029 shares of the company’s stock worth $49,558,000 after purchasing an additional 2,159,532 shares in the last quarter.

Invesco BulletShares 2032 Corporate Bond ETF Company Profile

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) 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 2032. BSCW was launched on Sep 8, 2022 and is managed by Invesco.