Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ) Reaches New 52-Week Low – What’s Next?

Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $19.41 and last traded at $19.5350, with a volume of 7181 shares. The stock had previously closed at $19.53.

Invesco BulletShares 2026 Corporate Bond ETF Price Performance

The company’s fifty day moving average is $19.53 and its 200 day moving average is $19.54.

Invesco BulletShares 2026 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were given a $0.0619 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 3.8%.

Hedge Funds Weigh In On Invesco BulletShares 2026 Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in BSCQ. Goldman Sachs Group Inc. acquired a new stake in Invesco BulletShares 2026 Corporate Bond ETF in the 1st quarter valued at $2,685,000. Invesco Ltd. lifted its stake in shares of Invesco BulletShares 2026 Corporate Bond ETF by 16.0% during the second quarter. Invesco Ltd. now owns 2,994,075 shares of the company’s stock worth $58,444,000 after purchasing an additional 413,743 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Invesco BulletShares 2026 Corporate Bond ETF by 4.7% during the second quarter. Ameriprise Financial Inc. now owns 1,923,379 shares of the company’s stock worth $37,549,000 after purchasing an additional 86,946 shares in the last quarter. IHT Wealth Management LLC lifted its stake in shares of Invesco BulletShares 2026 Corporate Bond ETF by 2.9% during the second quarter. IHT Wealth Management LLC now owns 73,781 shares of the company’s stock worth $1,440,000 after purchasing an additional 2,082 shares in the last quarter. Finally, Modern Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2026 Corporate Bond ETF in the second quarter worth about $5,101,000.

Invesco BulletShares 2026 Corporate Bond ETF Company Profile

The Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade corporate bonds with effective maturities in 2026. The fund will unwind in December 2026 and return capitals and proceeds to investors. BSCQ was launched on Sep 14, 2016 and is managed by Invesco.