Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) Hits New 52-Week High – Here’s Why

Shares of Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $20.72 and last traded at $20.72, with a volume of 28224 shares changing hands. The stock had previously closed at $20.69.

Invesco BulletShares 2025 Corporate Bond ETF Price Performance

The business has a 50-day simple moving average of $20.67 and a 200-day simple moving average of $20.64.

Invesco BulletShares 2025 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were issued a $0.0703 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This is an increase from Invesco BulletShares 2025 Corporate Bond ETF’s previous dividend of $0.07.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. LPL Financial LLC grew its stake in Invesco BulletShares 2025 Corporate Bond ETF by 7.9% during the 4th quarter. LPL Financial LLC now owns 5,610,388 shares of the company’s stock worth $115,855,000 after buying an additional 412,835 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Invesco BulletShares 2025 Corporate Bond ETF by 6.4% in the 4th quarter. Wells Fargo & Company MN now owns 5,228,266 shares of the company’s stock valued at $107,964,000 after buying an additional 312,572 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Invesco BulletShares 2025 Corporate Bond ETF in the 4th quarter valued at approximately $73,111,000. SMI Advisory Services LLC lifted its holdings in shares of Invesco BulletShares 2025 Corporate Bond ETF by 3.2% in the 4th quarter. SMI Advisory Services LLC now owns 2,753,260 shares of the company’s stock valued at $56,937,000 after buying an additional 85,976 shares during the period. Finally, Motley Fool Wealth Management LLC raised its holdings in Invesco BulletShares 2025 Corporate Bond ETF by 4.8% during the fourth quarter. Motley Fool Wealth Management LLC now owns 2,590,183 shares of the company’s stock worth $53,500,000 after purchasing an additional 118,766 shares during the last quarter.

Invesco BulletShares 2025 Corporate Bond ETF Company Profile

The Invesco Bulletshares 2025 Corporate Bond ETF (BSCP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment-grade corporate bonds with effective maturities in 2025. The fund will unwind in December 2025 and return capital and proceeds to investors.