Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Share Price Cross Above 50-Day Moving Average – Here’s What Happened

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY)’s stock price crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $19.88 and traded as high as $19.90. Invesco BulletShares 2034 Corporate Bond ETF shares last traded at $19.90, with a volume of 163,076 shares traded.

Invesco BulletShares 2034 Corporate Bond ETF Trading Up 0.2%

The firm’s 50-day moving average price is $19.88 and its two-hundred day moving average price is $20.52.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were paid a dividend of $0.0853 per share. This is a positive change from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.0809. This represents a $1.02 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Monday, October 19th.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. NorthAvenue LLC bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the 3rd quarter valued at approximately $3,135,000. Aprio Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the 3rd quarter worth approximately $282,000. DWM Financial Group Inc. acquired a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the 3rd quarter worth approximately $6,592,000. Redmond Asset Management LLC acquired a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the 3rd quarter worth approximately $490,000. Finally, Sigma Investment Counselors Inc. bought a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF during the 3rd quarter worth approximately $2,907,000.

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.