Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Reaches New 52-Week Low – What’s Next?

by · The Markets Daily

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY – Get Free Report)’s share price reached a new 52-week low on Tuesday . The company traded as low as $19.92 and last traded at $19.9250, with a volume of 53271 shares changing hands. The stock had previously closed at $19.95.

Invesco BulletShares 2034 Corporate Bond ETF Trading Up 0.0%

The firm’s 50-day moving average price is $20.28 and its 200 day moving average price is $20.56.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 21st will be paid a dividend of $0.0809 per share. The ex-dividend date is Monday, September 21st. This represents a c) dividend on an annualized basis and a yield of 4.9%.

Institutional Trading of Invesco BulletShares 2034 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BSCY. Redmond Asset Management LLC bought a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter valued at approximately $202,000. Waverly Advisors LLC bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the first quarter worth $204,000. First Command Advisory Services Inc. raised its position in Invesco BulletShares 2034 Corporate Bond ETF by 6.8% in the 4th quarter. First Command Advisory Services Inc. now owns 10,085 shares of the company’s stock valued at $212,000 after buying an additional 642 shares during the last quarter. Kestra Private Wealth Services LLC raised its position in Invesco BulletShares 2034 Corporate Bond ETF by 6.2% in the 1st quarter. Kestra Private Wealth Services LLC now owns 11,871 shares of the company’s stock valued at $246,000 after buying an additional 694 shares during the last quarter. Finally, Allen Capital Group LLC lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 19.1% during the 4th quarter. Allen Capital Group LLC now owns 15,102 shares of the company’s stock valued at $317,000 after acquiring an additional 2,419 shares in the last quarter.

About Invesco BulletShares 2034 Corporate Bond ETF

(Get Free Report)

The Invesco BulletShares 2034 Corporate Bond ETF (BSCY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate bonds with effective maturities in 2034. BSCY was launched on Jun 12, 2024 and is issued by Invesco.

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