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

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) reached a new 52-week low during trading on Tuesday . The company traded as low as $20.36 and last traded at $20.3650, with a volume of 54964 shares traded. The stock had previously closed at $20.39.

Invesco BulletShares 2033 Corporate Bond ETF Trading Down 1.0%

The stock’s fifty day moving average is $20.68 and its two-hundred day moving average is $20.97.

Invesco BulletShares 2033 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 21st will be paid a $0.0849 dividend. The ex-dividend date of this dividend is Monday, September 21st. This represents a c) dividend on an annualized basis and a yield of 5.0%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BSCX. International Assets Investment Management LLC boosted its stake in Invesco BulletShares 2033 Corporate Bond ETF by 182.9% in the 1st quarter. International Assets Investment Management LLC now owns 4,421 shares of the company’s stock worth $94,000 after purchasing an additional 2,858 shares during the period. Somerset Trust Co purchased a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF in the second quarter valued at $220,000. Ascentis Independent Advisors acquired a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF in the first quarter worth $230,000. First Command Advisory Services Inc. grew its holdings in shares of Invesco BulletShares 2033 Corporate Bond ETF by 15.1% during the fourth quarter. First Command Advisory Services Inc. now owns 12,246 shares of the company’s stock valued at $263,000 after buying an additional 1,610 shares in the last quarter. Finally, Redmond Asset Management LLC raised its position in Invesco BulletShares 2033 Corporate Bond ETF by 6.8% during the fourth quarter. Redmond Asset Management LLC now owns 14,954 shares of the company’s stock valued at $321,000 after buying an additional 950 shares during the period.

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.