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

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $20.08 and last traded at $20.12, with a volume of 280340 shares traded. The stock had previously closed at $20.12.

Invesco BulletShares 2032 Corporate Bond ETF Stock Performance

The business has a 50-day simple moving average of $20.31 and a two-hundred day simple moving average of $20.52.

Invesco BulletShares 2032 Corporate Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were issued a dividend of $0.0844 per share. The ex-dividend date was Monday, August 24th. This represents a c) annualized dividend and a yield of 5.0%.

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Western Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF in the first quarter valued at approximately $51,000. SJS Investment Consulting Inc. bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 1st quarter worth approximately $66,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 1st quarter worth approximately $77,000. Comerica Bank increased its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 44.5% in the 3rd quarter. Comerica Bank now owns 3,942 shares of the company’s stock valued at $82,000 after purchasing an additional 1,214 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in Invesco BulletShares 2032 Corporate Bond ETF in the third quarter valued at approximately $92,000.

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.