Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Sets New 12-Month Low – What’s Next?

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $19.57 and last traded at $19.58, with a volume of 12318 shares traded. The stock had previously closed at $19.58.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

The firm has a 50-day simple moving average of $19.63 and a 200 day simple moving average of $19.67.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, July 24th. Stockholders of record on Monday, July 20th will be paid a $0.0693 dividend. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Monday, July 20th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Nottingham Advisors Inc. acquired a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the first quarter valued at about $736,000. Evexia Wealth LLC grew its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 139.3% in the 4th quarter. Evexia Wealth LLC now owns 204,199 shares of the company’s stock valued at $4,035,000 after buying an additional 118,874 shares during the period. SFE Investment Counsel increased its position in Invesco BulletShares 2027 Corporate Bond ETF by 10.4% in the 4th quarter. SFE Investment Counsel now owns 283,194 shares of the company’s stock valued at $5,590,000 after buying an additional 26,638 shares in the last quarter. Farnam Financial LLC increased its position in Invesco BulletShares 2027 Corporate Bond ETF by 18.0% in the 4th quarter. Farnam Financial LLC now owns 279,818 shares of the company’s stock valued at $5,524,000 after buying an additional 42,645 shares in the last quarter. Finally, Clark Asset Management LLC increased its position in Invesco BulletShares 2027 Corporate Bond ETF by 16.5% in the 4th quarter. Clark Asset Management LLC now owns 1,000,695 shares of the company’s stock valued at $19,754,000 after buying an additional 141,551 shares in the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors. BSCR was launched on Sep 27, 2017 and is managed by Invesco.