Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Hits New 12-Month Low – Here’s What Happened

Shares of Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) hit a new 52-week low during trading on Monday . The stock traded as low as $20.25 and last traded at $20.25, with a volume of 12896 shares trading hands. The stock had previously closed at $20.33.

Invesco BulletShares 2034 Corporate Bond ETF Price Performance

The business has a 50-day simple moving average of $20.49 and a two-hundred day simple moving average of $20.71.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were paid a $0.0885 dividend. The ex-dividend date was Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 5.2%. This is a boost from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.09.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Large investors have recently made changes to their positions in the company. First Command Advisory Services Inc. boosted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 6.8% in the 4th quarter. First Command Advisory Services Inc. now owns 10,085 shares of the company’s stock worth $212,000 after acquiring an additional 642 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in Invesco BulletShares 2034 Corporate Bond ETF by 6.2% during the 1st quarter. Kestra Private Wealth Services LLC now owns 11,871 shares of the company’s stock worth $246,000 after acquiring an additional 694 shares during the last quarter. Opulen Financial Group LLC increased its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 5.1% during the 3rd quarter. Opulen Financial Group LLC now owns 16,483 shares of the company’s stock valued at $346,000 after purchasing an additional 806 shares in the last quarter. Jacobi Capital Management LLC increased its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 10.5% during the 4th quarter. Jacobi Capital Management LLC now owns 13,832 shares of the company’s stock valued at $291,000 after purchasing an additional 1,312 shares in the last quarter. Finally, J.W. Cole Advisors Inc. raised its position in Invesco BulletShares 2034 Corporate Bond ETF by 3.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 47,628 shares of the company’s stock valued at $1,001,000 after purchasing an additional 1,388 shares during the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Company Profile

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.