Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Sees Strong Trading Volume – Time to Buy?

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) shares saw an uptick in trading volume on Wednesday . 4,007,024 shares changed hands during trading, an increase of 314% from the previous session’s volume of 967,524 shares.The stock last traded at $19.70 and had previously closed at $19.72.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

The stock has a 50-day moving average price of $19.74 and a 200 day moving average price of $19.73.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were paid a dividend of $0.0678 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Hedge funds have recently modified their holdings of the stock. Lido Advisors LLC increased its position in Invesco BulletShares 2027 Corporate Bond ETF by 70.0% during the second quarter. Lido Advisors LLC now owns 49,557,795 shares of the company’s stock worth $973,811,000 after purchasing an additional 20,413,246 shares during the last quarter. Laurel Wealth Advisors LLC grew its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 1,914.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 5,142,382 shares of the company’s stock valued at $101,048,000 after buying an additional 4,887,079 shares during the period. Morgan Stanley increased its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 10.9% during the 4th quarter. Morgan Stanley now owns 10,382,016 shares of the company’s stock worth $204,941,000 after buying an additional 1,023,790 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 83.1% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,569,087 shares of the company’s stock worth $30,963,000 after buying an additional 712,253 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 8.5% in the fourth quarter. Wells Fargo & Company MN now owns 7,164,097 shares of the company’s stock valued at $141,419,000 after acquiring an additional 558,803 shares during the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors. BSCR was launched on Sep 27, 2017 and is managed by Invesco.