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

Shares of Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) saw unusually-strong trading volume on Thursday . 1,987,813 shares traded hands during trading, an increase of 842% from the previous session’s volume of 211,032 shares.The stock last traded at $20.4350 and had previously closed at $20.58.

Invesco BulletShares 2033 Corporate Bond ETF Price Performance

The stock’s 50-day moving average is $20.77 and its two-hundred day moving average is $21.04.

Invesco BulletShares 2033 Corporate Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were issued a $0.0911 dividend. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date was Monday, August 24th.

Institutional Investors Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada boosted its holdings in Invesco BulletShares 2033 Corporate Bond ETF by 36.7% during the 1st quarter. Royal Bank of Canada now owns 134,604 shares of the company’s stock valued at $2,812,000 after acquiring an additional 36,111 shares during the period. Jane Street Group LLC grew its position in Invesco BulletShares 2033 Corporate Bond ETF by 782.0% in the 1st quarter. Jane Street Group LLC now owns 173,819 shares of the company’s stock valued at $3,631,000 after acquiring an additional 154,112 shares during the last quarter. Cetera Investment Advisers purchased a new stake in Invesco BulletShares 2033 Corporate Bond ETF in the second quarter worth $274,000. JPMorgan Chase & Co. purchased a new stake in Invesco BulletShares 2033 Corporate Bond ETF in the second quarter worth $6,217,000. Finally, HUB Investment Partners LLC lifted its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 6.7% during the second quarter. HUB Investment Partners LLC now owns 87,194 shares of the company’s stock worth $1,849,000 after purchasing an additional 5,512 shares during the last quarter.

Invesco BulletShares 2033 Corporate Bond ETF Company Profile

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.