Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Reaches New 52-Week High – Should You Buy?

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $19.64 and last traded at $19.63, with a volume of 889105 shares. The stock had previously closed at $19.62.

Invesco BulletShares 2027 Corporate Bond ETF Stock Up 0.1 %

The stock has a 50 day simple moving average of $19.57 and a 200-day simple moving average of $19.53.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, April 25th. Investors of record on Monday, April 21st were paid a dividend of $0.0681 per share. The ex-dividend date was Monday, April 21st. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous dividend of $0.07.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Harbor Investment Advisory LLC bought a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the first quarter worth $26,000. HM Payson & Co. grew its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 1,019.8% during the first quarter. HM Payson & Co. now owns 1,411 shares of the company’s stock valued at $28,000 after purchasing an additional 1,285 shares in the last quarter. GHP Investment Advisors Inc. bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the first quarter worth about $30,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the third quarter worth about $32,000. Finally, Topsail Wealth Management LLC bought a new position in Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter valued at approximately $59,000.

About Invesco BulletShares 2027 Corporate Bond ETF

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.