Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Reaches New 1-Year 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 company traded as low as $20.24 and last traded at $20.24, with a volume of 6166 shares traded. The stock had previously closed at $20.27.

Invesco BulletShares 2034 Corporate Bond ETF Trading Down 0.4%

The company has a fifty day moving average price of $20.44 and a two-hundred day moving average price of $20.67.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were paid a dividend of $0.092 per share. This is an increase from Invesco BulletShares 2034 Corporate Bond ETF’s previous dividend of $0.08. The ex-dividend date was Monday, August 24th.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of BSCY. Raymond James Financial Inc. boosted its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 8.1% during the 3rd quarter. Raymond James Financial Inc. now owns 2,165,840 shares of the company’s stock valued at $45,526,000 after acquiring an additional 161,868 shares in the last quarter. Aptus Capital Advisors LLC acquired a new position in Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter worth about $36,534,000. LPL Financial LLC raised its position in Invesco BulletShares 2034 Corporate Bond ETF by 26.0% in the fourth quarter. LPL Financial LLC now owns 1,073,606 shares of the company’s stock worth $22,567,000 after purchasing an additional 221,464 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 55.4% during the fourth quarter. Wells Fargo & Company MN now owns 851,096 shares of the company’s stock worth $17,890,000 after purchasing an additional 303,242 shares during the period. Finally, Invesco Ltd. lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 6.0% during the fourth quarter. Invesco Ltd. now owns 831,500 shares of the company’s stock worth $17,478,000 after purchasing an additional 47,000 shares during the period.

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.