Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Strong Trading Volume – What’s Next?

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) saw unusually-high trading volume on Monday . 667,116 shares were traded during trading, an increase of 217% from the previous session’s volume of 210,279 shares.The stock last traded at $21.14 and had previously closed at $21.12.

Invesco BulletShares 2033 Corporate Bond ETF Trading Up 0.1%

The stock’s fifty day moving average is $21.11 and its 200-day moving average is $21.30.

Invesco BulletShares 2033 Corporate Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.0842 per share. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Monday, June 22nd.

Hedge Funds Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of BSCX. Clearstead Advisors LLC boosted its position in Invesco BulletShares 2033 Corporate Bond ETF by 157.8% during the fourth quarter. Clearstead Advisors LLC now owns 2,449,217 shares of the company’s stock worth $52,560,000 after purchasing an additional 1,499,330 shares in the last quarter. Aptus Capital Advisors LLC raised its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 8.2% during the 3rd quarter. Aptus Capital Advisors LLC now owns 6,521,763 shares of the company’s stock worth $140,022,000 after buying an additional 496,108 shares during the period. BCS Wealth Management lifted its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 102.1% during the 4th quarter. BCS Wealth Management now owns 874,173 shares of the company’s stock valued at $18,760,000 after buying an additional 441,672 shares in the last quarter. Janney Montgomery Scott LLC grew 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 valued at $13,323,000 after acquiring an additional 439,873 shares during the period. Finally, JPMorgan Chase & Co. acquired a new stake in Invesco BulletShares 2033 Corporate Bond ETF in the 2nd quarter valued at $6,217,000.

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.