Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Reaches New 12-Month Low – What’s Next?

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) shares hit a new 52-week low during mid-day trading on Monday. The company traded as low as $19.54 and last traded at $19.5450, with a volume of 15525 shares. The stock had previously closed at $19.55.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

The firm’s fifty day moving average price is $19.61 and its two-hundred day moving average price is $19.63.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a $0.0697 dividend. This represents a $0.84 annualized dividend and a yield of 4.3%. This is a boost from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0694. The ex-dividend date was Monday, September 21st.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in BSCR. Advisortrust Partners LLC purchased a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 1st quarter valued at about $74,000. Sarver Vrooman Wealth Advisors grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 26.7% during the fourth quarter. Sarver Vrooman Wealth Advisors now owns 4,070 shares of the company’s stock valued at $80,000 after acquiring an additional 858 shares during the last quarter. ARQ Wealth Advisors LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the 1st quarter worth approximately $206,000. Three Cord True Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the 1st quarter valued at $213,000. Finally, World Investment Advisors bought a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 1st quarter valued at $216,000.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors. BSCR was launched on Sep 27, 2017 and is managed by Invesco.