Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sees Significant Decline in Short Interest
by Jessica Moore · The Cerbat GemInvesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW – Get Free Report) saw a large decline in short interest in March. As of March 31st, there was short interest totaling 88,338 shares, a decline of 20.0% from the March 15th total of 110,416 shares. Based on an average daily trading volume, of 280,878 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.
Invesco BulletShares 2032 Corporate Bond ETF Price Performance
Shares of Invesco BulletShares 2032 Corporate Bond ETF stock traded down $0.02 during trading on Thursday, reaching $20.78. 43,188 shares of the company’s stock were exchanged, compared to its average volume of 337,276. Invesco BulletShares 2032 Corporate Bond ETF has a 1-year low of $19.94 and a 1-year high of $21.66. The firm’s 50-day moving average price is $20.80 and its 200 day moving average price is $20.86.
Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend
The company also recently announced a monthly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.0797 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Monday, March 23rd. This is a boost from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.08.
Hedge Funds Weigh In On Invesco BulletShares 2032 Corporate Bond ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Aptus Capital Advisors LLC increased its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 5.5% in the 4th quarter. Aptus Capital Advisors LLC now owns 8,589,639 shares of the company’s stock worth $179,309,000 after purchasing an additional 444,876 shares in the last quarter. Morgan Stanley increased its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 10.6% in the 4th quarter. Morgan Stanley now owns 4,426,019 shares of the company’s stock worth $92,393,000 after purchasing an additional 425,000 shares in the last quarter. Raymond James Financial Inc. increased its holdings in 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 worth $65,252,000 after purchasing an additional 199,764 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 33.9% in the 4th quarter. Wells Fargo & Company MN now owns 3,003,482 shares of the company’s stock worth $62,698,000 after purchasing an additional 760,857 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 1,006.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,374,029 shares of the company’s stock worth $49,558,000 after purchasing an additional 2,159,532 shares in 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.