Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Reaches New 52-Week Low – Here’s What Happened

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCVGet Free Report) shares reached a new 52-week low during trading on Monday . The stock traded as low as $15.99 and last traded at $15.98, with a volume of 457495 shares changing hands. The stock had previously closed at $16.00.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

The company has a fifty day moving average price of $16.25 and a 200-day moving average price of $16.40.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were paid a $0.0672 dividend. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Monday, August 24th. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.07.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

Several hedge funds have recently modified their holdings of BSCV. AlphaCore Capital LLC bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter worth about $33,000. Ascentis Independent Advisors purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 1st quarter worth approximately $35,000. Advisory Services Network LLC purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth $92,000. Align Financial LLC purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF in the fourth quarter valued at about $111,000. Finally, Larson Financial Group LLC increased its position in Invesco BulletShares 2031 Corporate Bond ETF by 27.2% during the 4th quarter. Larson Financial Group LLC now owns 8,420 shares of the company’s stock valued at $141,000 after buying an additional 1,799 shares in the last quarter.

About Invesco BulletShares 2031 Corporate Bond ETF

(Get Free Report)

The Invesco BulletShares 2031 Corporate Bond ETF (BSCV) 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 2031. The fund will unwind in December 2031 and return capitals and proceeds to investors. BSCV was launched on Sep 15, 2021 and is managed by Invesco.

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