Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Hits New 12-Month High – Still a Buy?

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $23.00 and last traded at $23.00, with a volume of 407 shares changing hands. The stock had previously closed at $20.32.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

The business has a 50-day simple moving average of $20.40 and a 200 day simple moving average of $20.59.

Invesco BulletShares 2032 Corporate Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were paid a dividend of $0.0826 per share. The ex-dividend date was Monday, July 20th.

Hedge Funds Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in BSCW. Capital Investment Counsel LLC lifted its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 20.8% during the 4th quarter. Capital Investment Counsel LLC now owns 608,905 shares of the company’s stock valued at $12,711,000 after buying an additional 105,009 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in Invesco BulletShares 2032 Corporate Bond ETF in the 4th quarter worth $19,702,000. Lido Advisors LLC increased its stake in Invesco BulletShares 2032 Corporate Bond ETF by 16.0% in the 4th quarter. Lido Advisors LLC now owns 429,175 shares of the company’s stock worth $8,960,000 after buying an additional 59,349 shares in the last quarter. Carroll Advisory Group LLC bought a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the fourth quarter valued at about $2,288,000. Finally, Clark Asset Management LLC raised its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 31.7% during the first quarter. Clark Asset Management LLC now owns 551,621 shares of the company’s stock valued at $11,357,000 after acquiring an additional 132,920 shares during the period.

About Invesco BulletShares 2032 Corporate Bond ETF

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) 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 2032. BSCW was launched on Sep 8, 2022 and is managed by Invesco.