Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Hits New 1-Year Low – Should You Sell?

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as $20.16 and last traded at $20.17, with a volume of 41818 shares trading hands. The stock had previously closed at $20.17.

Invesco BulletShares 2032 Corporate Bond ETF Trading Down 0.4%

The firm’s 50 day moving average price is $20.35 and its two-hundred day moving average price is $20.55.

Invesco BulletShares 2032 Corporate Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were given a dividend of $0.0844 per share. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Monday, August 24th.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of BSCW. Private Advisor Group LLC lifted its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 0.5% during the first quarter. Private Advisor Group LLC now owns 205,089 shares of the company’s stock worth $4,222,000 after purchasing an additional 942 shares during the period. Kestra Advisory Services LLC grew its position in Invesco BulletShares 2032 Corporate Bond ETF by 1.8% in the 4th quarter. Kestra Advisory Services LLC now owns 55,619 shares of the company’s stock valued at $1,161,000 after buying an additional 999 shares during the last quarter. Comerica Bank increased its stake in Invesco BulletShares 2032 Corporate Bond ETF by 44.5% in the 3rd quarter. Comerica Bank now owns 3,942 shares of the company’s stock valued at $82,000 after buying an additional 1,214 shares during the period. Hanover Advisors Inc. increased its stake in Invesco BulletShares 2032 Corporate Bond ETF by 5.3% in the 1st quarter. Hanover Advisors Inc. now owns 24,353 shares of the company’s stock valued at $501,000 after buying an additional 1,232 shares during the period. Finally, FCA Corp TX raised its position in Invesco BulletShares 2032 Corporate Bond ETF by 3.9% during the 4th quarter. FCA Corp TX now owns 33,906 shares of the company’s stock worth $708,000 after buying an additional 1,260 shares during 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.