Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Large Volume Increase – Here’s What Happened

by · The Markets Daily

Shares of Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX – Get Free Report) saw strong trading volume on Monday. Approximately 603,869 shares traded hands during mid-day trading, an increase of 164% from the previous session’s volume of 228,318 shares. The stock last traded at $20.28 and had previously closed at $20.25.

Invesco BulletShares 2033 Corporate Bond ETF Stock Performance

The business’s 50 day moving average is $20.39 and its two-hundred day moving average is $20.81.

Invesco BulletShares 2033 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were issued a $0.0839 dividend. The ex-dividend date was Monday, October 19th. This represents a $1.01 dividend on an annualized basis and a yield of 5.0%. This is a decrease from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.0848.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Straight Path Wealth Management purchased a new position in shares of Invesco BulletShares 2033 Corporate Bond ETF in the 3rd quarter valued at about $555,000. Sowell Financial Services LLC bought a new position in Invesco BulletShares 2033 Corporate Bond ETF in the third quarter valued at about $335,000. Capital Investment Advisors LLC bought a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF in the 3rd quarter valued at about $262,000. Opulen Financial Group LLC increased its position in Invesco BulletShares 2033 Corporate Bond ETF by 11.5% during the 3rd quarter. Opulen Financial Group LLC now owns 86,101 shares of the company’s stock valued at $1,722,000 after purchasing an additional 8,862 shares during the period. Finally, Farnam Financial LLC lifted its holdings in Invesco BulletShares 2033 Corporate Bond ETF by 20.1% in the third quarter. Farnam Financial LLC now owns 112,180 shares of the company’s stock valued at $2,274,000 after buying an additional 18,774 shares during the period.

About Invesco BulletShares 2033 Corporate Bond ETF

(Get Free Report)

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.

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