Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Hits New 1-Year Low – Here’s Why

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $20.59 and last traded at $20.6050, with a volume of 154269 shares. The stock had previously closed at $20.63.

Invesco BulletShares 2033 Corporate Bond ETF Price Performance

The stock has a fifty day moving average price of $20.80 and a two-hundred day moving average price of $21.06.

Invesco BulletShares 2033 Corporate Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a dividend of $0.0911 per share. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Monday, August 24th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the 4th quarter worth about $34,000. Advisory Services Network LLC purchased a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the third quarter worth about $92,000. Align Financial LLC acquired a new position in shares of Invesco BulletShares 2033 Corporate Bond ETF in the fourth quarter valued at approximately $144,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of Invesco BulletShares 2033 Corporate Bond ETF in the third quarter valued at approximately $205,000. Finally, Somerset Trust Co acquired a new position in shares of Invesco BulletShares 2033 Corporate Bond ETF in the second quarter valued at approximately $220,000.

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.