Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Strong Trading Volume – Still a Buy?

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) shares saw strong trading volume on Thursday . 1,302,599 shares were traded during mid-day trading, an increase of 515% from the previous session’s volume of 211,833 shares.The stock last traded at $20.97 and had previously closed at $20.95.

Invesco BulletShares 2033 Corporate Bond ETF Stock Performance

The firm has a 50 day simple moving average of $21.17 and a two-hundred day simple moving average of $21.38.

Invesco BulletShares 2033 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were paid a dividend of $0.0872 per share. This is a boost from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, May 18th. This represents a c) annualized dividend and a yield of 5.0%.

Hedge Funds Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

Several large investors have recently bought and sold shares of BSCX. Royal Bank of Canada lifted its stake in Invesco BulletShares 2033 Corporate Bond ETF by 36.7% during the 1st quarter. Royal Bank of Canada now owns 134,604 shares of the company’s stock valued at $2,812,000 after acquiring an additional 36,111 shares in the last quarter. Jane Street Group LLC lifted its stake in Invesco BulletShares 2033 Corporate Bond ETF by 782.0% during the 1st quarter. Jane Street Group LLC now owns 173,819 shares of the company’s stock valued at $3,631,000 after acquiring an additional 154,112 shares in the last quarter. Cetera Investment Advisers bought a new position in Invesco BulletShares 2033 Corporate Bond ETF during the 2nd quarter valued at $274,000. JPMorgan Chase & Co. bought a new position in Invesco BulletShares 2033 Corporate Bond ETF during the 2nd quarter valued at $6,217,000. Finally, HUB Investment Partners LLC lifted its stake in Invesco BulletShares 2033 Corporate Bond ETF by 6.7% during the 2nd quarter. HUB Investment Partners LLC now owns 87,194 shares of the company’s stock valued at $1,849,000 after acquiring an additional 5,512 shares in the last quarter.

Invesco BulletShares 2033 Corporate Bond ETF Company Profile

The Invesco BulletShares 2033 Corporate Bond ETF (BSCX) 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 2033. BSCX was launched on Sep 20, 2023 and is issued by Invesco.