Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Unusually-High Trading Volume – Still a Buy?

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) saw unusually-strong trading volume on Tuesday. 445,510 shares were traded during trading, an increase of 107% from the previous session’s volume of 215,205 shares. The stock last traded at $20.0150 and had previously closed at $20.03.

Invesco BulletShares 2033 Corporate Bond ETF Price Performance

The company has a 50-day moving average price of $20.60 and a two-hundred day moving average price of $20.93.

Invesco BulletShares 2033 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a dividend of $0.0848 per share. This is a drop from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.0911. This represents a $1.02 annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Monday, September 21st.

Hedge Funds Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

Hedge funds have recently bought and sold shares of the company. Aptus Capital Advisors LLC boosted its holdings in Invesco BulletShares 2033 Corporate Bond ETF by 5.5% in the 4th quarter. Aptus Capital Advisors LLC now owns 6,878,553 shares of the company’s stock valued at $147,614,000 after purchasing an additional 356,790 shares during the period. Motley Fool Wealth Management LLC grew its position in Invesco BulletShares 2033 Corporate Bond ETF by 23.1% during the fourth quarter. Motley Fool Wealth Management LLC now owns 665,256 shares of the company’s stock worth $14,276,000 after buying an additional 124,863 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Invesco BulletShares 2033 Corporate Bond ETF by 231.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 629,946 shares of the company’s stock worth $13,323,000 after acquiring an additional 439,873 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of Invesco BulletShares 2033 Corporate Bond ETF by 17.4% in the 2nd quarter. Baird Financial Group Inc. now owns 622,811 shares of the company’s stock valued at $13,113,000 after acquiring an additional 92,106 shares in the last quarter. Finally, Clark Asset Management LLC raised its holdings in shares of Invesco BulletShares 2033 Corporate Bond ETF by 22.7% in the 2nd quarter. Clark Asset Management LLC now owns 519,107 shares of the company’s stock valued at $10,930,000 after acquiring an additional 96,079 shares in the last quarter.

About Invesco BulletShares 2033 Corporate Bond ETF

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.