Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Sets New 1-Year Low – Here’s Why

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY)’s share price reached a new 52-week low on Monday . The stock traded as low as $19.96 and last traded at $19.9510, with a volume of 116512 shares traded. The stock had previously closed at $19.97.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

The stock has a 50-day moving average of $20.35 and a two-hundred day moving average of $20.61.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were paid a $0.092 dividend. This is an increase from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend was Monday, August 24th.

Hedge Funds Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Hedge funds have recently bought and sold shares of the company. Aptus Capital Advisors LLC purchased a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter valued at $36,534,000. LeClair Wealth Partners LLC purchased a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter valued at $2,377,000. Clark Asset Management LLC raised its stake in Invesco BulletShares 2034 Corporate Bond ETF by 24.0% during the 1st quarter. Clark Asset Management LLC now owns 323,095 shares of the company’s stock valued at $6,687,000 after buying an additional 62,601 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF during the 1st quarter valued at $5,362,000. Finally, Stephens Inc. AR boosted its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 14.7% in the 1st quarter. Stephens Inc. AR now owns 203,368 shares of the company’s stock worth $4,209,000 after buying an additional 26,056 shares during the last quarter.

About Invesco BulletShares 2034 Corporate Bond ETF

The Invesco BulletShares 2034 Corporate Bond ETF (BSCY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate bonds with effective maturities in 2034. BSCY was launched on Jun 12, 2024 and is issued by Invesco.