Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Hits New 52-Week Low – Here’s What Happened

Shares of Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) hit a new 52-week low on Tuesday . The company traded as low as $20.78 and last traded at $20.79, with a volume of 4640 shares. The stock had previously closed at $20.83.

Invesco BulletShares 2033 Corporate Bond ETF Stock Down 0.2%

The company has a 50 day simple moving average of $21.02 and a 200-day simple moving average of $21.24.

Invesco BulletShares 2033 Corporate Bond ETF Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, July 24th. Investors of record on Monday, July 20th will be given a dividend of $0.088 per share. The ex-dividend date is Monday, July 20th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BSCX. Clearstead Advisors LLC grew its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 157.8% in the 4th quarter. Clearstead Advisors LLC now owns 2,449,217 shares of the company’s stock valued at $52,560,000 after buying an additional 1,499,330 shares during the period. BCS Wealth Management increased its position in Invesco BulletShares 2033 Corporate Bond ETF by 102.1% in the 4th quarter. BCS Wealth Management now owns 874,173 shares of the company’s stock valued at $18,760,000 after buying an additional 441,672 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Invesco BulletShares 2033 Corporate Bond ETF by 231.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 629,946 shares of the company’s stock worth $13,323,000 after buying an additional 439,873 shares during the period. Aptus Capital Advisors LLC raised its stake in Invesco BulletShares 2033 Corporate Bond ETF by 5.5% during the 4th quarter. Aptus Capital Advisors LLC now owns 6,878,553 shares of the company’s stock worth $147,614,000 after buying an additional 356,790 shares during the period. Finally, JPMorgan Chase & Co. acquired a new position in Invesco BulletShares 2033 Corporate Bond ETF during the 2nd quarter worth approximately $6,217,000.

About Invesco BulletShares 2033 Corporate Bond ETF

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.