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

Shares of Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) saw unusually-high trading volume on Thursday . Approximately 114,764 shares changed hands during trading, a decline of 42% from the previous session’s volume of 199,511 shares.The stock last traded at $20.78 and had previously closed at $20.78.

Invesco BulletShares 2033 Corporate Bond ETF Price Performance

The firm’s 50 day moving average price is $20.88 and its two-hundred day moving average price is $21.12.

Invesco BulletShares 2033 Corporate Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, August 28th. Shareholders of record on Monday, August 24th will be issued a $0.0911 dividend. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Monday, August 24th.

Institutional Investors Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BSCX. Aptus Capital Advisors LLC boosted its position in shares of 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 purchasing an additional 356,790 shares in the last quarter. Raymond James Financial Inc. increased its position in Invesco BulletShares 2033 Corporate Bond ETF by 7.1% in the 3rd quarter. Raymond James Financial Inc. now owns 2,889,931 shares of the company’s stock valued at $62,047,000 after buying an additional 192,133 shares in the last quarter. Clearstead Advisors LLC raised its stake in Invesco BulletShares 2033 Corporate Bond ETF by 157.8% during the 4th quarter. Clearstead Advisors LLC now owns 2,449,217 shares of the company’s stock worth $52,560,000 after buying an additional 1,499,330 shares during the period. Ameriprise Financial Inc. raised its stake in Invesco BulletShares 2033 Corporate Bond ETF by 2.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,326,905 shares of the company’s stock worth $49,960,000 after buying an additional 46,656 shares during the period. Finally, LPL Financial LLC raised its stake in Invesco BulletShares 2033 Corporate Bond ETF by 12.7% during the 4th quarter. LPL Financial LLC now owns 1,833,315 shares of the company’s stock worth $39,343,000 after buying an additional 206,291 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.