Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sees Unusually-High Trading Volume After Dividend Announcement

Shares of Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw strong trading volume on Monday following a dividend announcement from the company. 452,805 shares changed hands during mid-day trading, an increase of 110% from the previous session’s volume of 215,157 shares.The stock last traded at $20.8250 and had previously closed at $20.92.

The newly announced dividend which will be paid on Friday, December 26th. Shareholders of record on Monday, December 22nd will be paid a $0.0826 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This is a boost from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a yield of 4.8%.

Invesco BulletShares 2032 Corporate Bond ETF Trading Down 0.5%

The business’s fifty day simple moving average is $20.92 and its 200 day simple moving average is $20.77.

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Aptus Capital Advisors LLC boosted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 8.2% during the third quarter. Aptus Capital Advisors LLC now owns 8,144,763 shares of the company’s stock worth $170,063,000 after buying an additional 618,513 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 6.8% in the 3rd quarter. Raymond James Financial Inc. now owns 3,125,076 shares of the company’s stock valued at $65,252,000 after acquiring an additional 199,764 shares during the last quarter. Atlantic Union Bankshares Corp raised its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 13.2% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 1,754,029 shares of the company’s stock valued at $36,624,000 after acquiring an additional 205,181 shares during the period. Jane Street Group LLC boosted its stake in Invesco BulletShares 2032 Corporate Bond ETF by 1,003.3% during the 1st quarter. Jane Street Group LLC now owns 1,305,664 shares of the company’s stock worth $26,596,000 after acquiring an additional 1,187,323 shares during the last quarter. Finally, Sterling Financial Group Inc. boosted its stake in Invesco BulletShares 2032 Corporate Bond ETF by 59.9% during the 3rd quarter. Sterling Financial Group Inc. now owns 954,762 shares of the company’s stock worth $19,935,000 after acquiring an additional 357,601 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.