Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Hits New 12-Month Low – Here’s What Happened

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW)’s share price reached a new 52-week low on Monday . The stock traded as low as $19.90 and last traded at $19.89, with a volume of 426524 shares changing hands. The stock had previously closed at $19.91.

Invesco BulletShares 2032 Corporate Bond ETF Stock Performance

The business has a 50 day moving average of $20.27 and a 200-day moving average of $20.50.

Invesco BulletShares 2032 Corporate Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were issued a $0.0844 dividend. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Monday, August 24th.

Hedge Funds Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of BSCW. Lido Advisors LLC grew its position in Invesco BulletShares 2032 Corporate Bond ETF by 16.0% during the 4th quarter. Lido Advisors LLC now owns 429,175 shares of the company’s stock worth $8,960,000 after purchasing an additional 59,349 shares during the last quarter. Carroll Advisory Group LLC purchased a new position in Invesco BulletShares 2032 Corporate Bond ETF in the fourth quarter valued at about $2,288,000. Straight Path Wealth Management lifted its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 192.2% during the 4th quarter. Straight Path Wealth Management now owns 158,556 shares of the company’s stock valued at $3,310,000 after acquiring an additional 104,286 shares during the period. Clark Asset Management LLC boosted its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 31.7% during the 1st quarter. Clark Asset Management LLC now owns 551,621 shares of the company’s stock worth $11,357,000 after acquiring an additional 132,920 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 48.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 455,494 shares of the company’s stock worth $9,378,000 after acquiring an additional 149,037 shares during the period.

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.