Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Reaches New 12-Month Low – Time to Sell?

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $20.67 and last traded at $20.68, with a volume of 23070 shares changing hands. The stock had previously closed at $20.70.

Invesco BulletShares 2033 Corporate Bond ETF Stock Performance

The firm has a 50 day moving average price of $20.87 and a two-hundred day moving average price of $21.11.

Invesco BulletShares 2033 Corporate Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a $0.0911 dividend. The ex-dividend date was Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%.

Institutional Trading of Invesco BulletShares 2033 Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada boosted its holdings in shares of Invesco BulletShares 2033 Corporate Bond ETF by 36.7% in the first quarter. Royal Bank of Canada now owns 134,604 shares of the company’s stock worth $2,812,000 after buying an additional 36,111 shares during the period. Jane Street Group LLC increased its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 782.0% in the first quarter. Jane Street Group LLC now owns 173,819 shares of the company’s stock worth $3,631,000 after acquiring an additional 154,112 shares in the last quarter. Cetera Investment Advisers acquired a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the second quarter valued at approximately $274,000. JPMorgan Chase & Co. acquired a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the second quarter valued at approximately $6,217,000. Finally, HUB Investment Partners LLC lifted its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 6.7% in the 2nd quarter. HUB Investment Partners LLC now owns 87,194 shares of the company’s stock valued at $1,849,000 after acquiring an additional 5,512 shares in the last quarter.

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.