Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sees Unusually-High Trading Volume – Here’s What Happened

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) shares saw an uptick in trading volume on Friday . Approximately 574,132 shares traded hands during trading, an increase of 74% from the previous session’s volume of 329,242 shares.The stock last traded at $20.22 and had previously closed at $20.27.

Invesco BulletShares 2032 Corporate Bond ETF Stock Down 0.4%

The stock has a fifty day moving average of $20.36 and a two-hundred day moving average of $20.57.

Invesco BulletShares 2032 Corporate Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 28th. Shareholders of record on Monday, August 24th will be given a $0.0844 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date is Monday, August 24th.

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in BSCW. Private Advisor Group LLC lifted its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 0.5% in the first quarter. Private Advisor Group LLC now owns 205,089 shares of the company’s stock worth $4,222,000 after acquiring an additional 942 shares during the period. Kestra Advisory Services LLC increased its position in Invesco BulletShares 2032 Corporate Bond ETF by 1.8% during the 4th quarter. Kestra Advisory Services LLC now owns 55,619 shares of the company’s stock valued at $1,161,000 after purchasing an additional 999 shares during the period. Comerica Bank increased its position in Invesco BulletShares 2032 Corporate Bond ETF by 44.5% during the 3rd quarter. Comerica Bank now owns 3,942 shares of the company’s stock valued at $82,000 after purchasing an additional 1,214 shares during the period. Hanover Advisors Inc. raised its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 5.3% during the 1st quarter. Hanover Advisors Inc. now owns 24,353 shares of the company’s stock worth $501,000 after purchasing an additional 1,232 shares during the last quarter. Finally, FCA Corp TX raised its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 3.9% during the 4th quarter. FCA Corp TX now owns 33,906 shares of the company’s stock worth $708,000 after purchasing an additional 1,260 shares during the last quarter.

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.