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 during trading on Monday . The company traded as low as $20.16 and last traded at $20.17, with a volume of 41818 shares trading hands. The stock had previously closed at $20.17.

Invesco BulletShares 2032 Corporate Bond ETF Stock Performance

The company’s fifty day moving average is $20.36 and its two-hundred day moving average is $20.56.

Invesco BulletShares 2032 Corporate Bond ETF Dividend Announcement

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

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Large investors have recently modified their holdings of the stock. Western Wealth Management LLC acquired a new position in Invesco BulletShares 2032 Corporate Bond ETF during the 1st quarter worth approximately $51,000. SJS Investment Consulting Inc. purchased a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF during the first quarter valued at approximately $66,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF during the first quarter valued at approximately $77,000. Comerica Bank lifted its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 44.5% during the third quarter. Comerica Bank now owns 3,942 shares of the company’s stock worth $82,000 after purchasing an additional 1,214 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF during the third quarter worth $92,000.

About Invesco BulletShares 2032 Corporate Bond ETF

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.