Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sets New 12-Month Low – Should You Sell?

Shares of Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) hit a new 52-week low on Tuesday . The company traded as low as $20.08 and last traded at $20.12, with a volume of 280340 shares traded. The stock had previously closed at $20.12.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

The business has a fifty day simple moving average of $20.31 and a 200-day simple moving average of $20.52.

Invesco BulletShares 2032 Corporate Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a dividend of $0.0844 per share. The ex-dividend date was Monday, August 24th. This represents a c) annualized dividend and a yield of 5.0%.

Hedge Funds Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Hedge funds have recently modified their holdings of the business. Private Advisor Group LLC increased its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 0.5% in the first quarter. Private Advisor Group LLC now owns 205,089 shares of the company’s stock valued at $4,222,000 after purchasing an additional 942 shares during the period. Kestra Advisory Services LLC lifted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 1.8% during the 4th quarter. Kestra Advisory Services LLC now owns 55,619 shares of the company’s stock worth $1,161,000 after buying an additional 999 shares during the period. Comerica Bank lifted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 44.5% during the 3rd quarter. Comerica Bank now owns 3,942 shares of the company’s stock worth $82,000 after buying an additional 1,214 shares during the period. Hanover Advisors Inc. grew its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 5.3% in the 1st quarter. Hanover Advisors Inc. now owns 24,353 shares of the company’s stock valued at $501,000 after buying an additional 1,232 shares during the last quarter. Finally, FCA Corp TX grew its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 3.9% in the 4th quarter. FCA Corp TX now owns 33,906 shares of the company’s stock valued at $708,000 after buying an additional 1,260 shares during the last quarter.

Invesco BulletShares 2032 Corporate Bond ETF Company Profile

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) 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 2032. BSCW was launched on Sep 8, 2022 and is managed by Invesco.