Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ) Sets New 1-Year Low – What’s Next?

Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ)’s stock price reached a new 52-week low during mid-day trading on Monday. The stock traded as low as $19.49 and last traded at $19.4950, with a volume of 157,865 shares. The stock had previously closed at $19.56.

Invesco BulletShares 2026 Corporate Bond ETF Price Performance

The business has a fifty day simple moving average of $19.54 and a 200 day simple moving average of $19.54.

Invesco BulletShares 2026 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Monday, October 19th will be given a dividend of $0.0655 per share. The ex-dividend date is Monday, October 19th. This is a decrease from Invesco BulletShares 2026 Corporate Bond ETF’s previous monthly dividend of $0.0657. This represents a $0.79 annualized dividend and a yield of 4.0%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Global Assets Advisory LLC acquired a new stake in shares of Invesco BulletShares 2026 Corporate Bond ETF in the 1st quarter worth approximately $47,000. Marquette Asset Management LLC acquired a new position in Invesco BulletShares 2026 Corporate Bond ETF during the third quarter worth $70,000. Eastern Bank acquired a new position in Invesco BulletShares 2026 Corporate Bond ETF during the third quarter worth $118,000. Foundry Financial Group Inc. purchased a new stake in Invesco BulletShares 2026 Corporate Bond ETF during the first quarter worth $202,000. Finally, SJS Investment Consulting Inc. purchased a new stake in Invesco BulletShares 2026 Corporate Bond ETF during the first quarter worth $249,000.

Invesco BulletShares 2026 Corporate Bond ETF Company Profile

The Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) 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 2026. The fund will unwind in December 2026 and return capitals and proceeds to investors. BSCQ was launched on Sep 14, 2016 and is managed by Invesco.