Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Unusually-High Trading Volume – Here’s What Happened

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) shares saw unusually-high trading volume on Monday . Approximately 1,328,483 shares traded hands during mid-day trading, an increase of 148% from the previous session’s volume of 535,630 shares.The stock last traded at $16.9050 and had previously closed at $16.90.

Invesco BulletShares 2030 Corporate Bond ETF Stock Down 0.1%

The firm has a 50 day moving average of $16.93 and a two-hundred day moving average of $16.85.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Monday, November 24th were given a $0.0641 dividend. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Monday, November 24th.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in BSCU. Addison Advisors LLC lifted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 6.9% during the 2nd quarter. Addison Advisors LLC now owns 285,094 shares of the company’s stock worth $4,784,000 after acquiring an additional 18,297 shares during the period. Goldman Sachs Group Inc. purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF during the first quarter worth approximately $253,000. Farther Finance Advisors LLC raised its stake in Invesco BulletShares 2030 Corporate Bond ETF by 1,586.7% during the second quarter. Farther Finance Advisors LLC now owns 11,807 shares of the company’s stock worth $198,000 after purchasing an additional 11,107 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 45.2% in the 2nd quarter. Cetera Investment Advisers now owns 79,831 shares of the company’s stock valued at $1,340,000 after purchasing an additional 24,866 shares during the last quarter. Finally, Lido Advisors LLC grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 14.5% during the 2nd quarter. Lido Advisors LLC now owns 4,765,827 shares of the company’s stock valued at $79,971,000 after buying an additional 602,351 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

The Invesco BulletShares 2030 Corporate Bond ETF (BSCU) 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 2030. BSCU was launched on Sep 16, 2020 and is managed by Invesco.