Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Large Volume Increase – Here’s Why

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw unusually-high trading volume on Friday . Approximately 1,632,590 shares traded hands during trading, an increase of 137% from the previous session’s volume of 687,786 shares.The stock last traded at $16.3150 and had previously closed at $16.35.

Invesco BulletShares 2030 Corporate Bond ETF Stock Down 0.2%

The business has a fifty day moving average of $16.51 and a two-hundred day moving average of $16.64.

Invesco BulletShares 2030 Corporate Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were issued a $0.0653 dividend. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Monday, August 24th.

Institutional Trading of Invesco BulletShares 2030 Corporate Bond ETF

Large investors have recently added to or reduced their stakes in the stock. AlphaCore Capital LLC acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the fourth quarter valued at about $34,000. Ascentis Independent Advisors purchased a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the first quarter valued at approximately $36,000. AdvisorNet Financial Inc lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 191.9% during the first quarter. AdvisorNet Financial Inc now owns 3,433 shares of the company’s stock worth $57,000 after purchasing an additional 2,257 shares in the last quarter. Sarver Vrooman Wealth Advisors boosted its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 42.1% in the fourth quarter. Sarver Vrooman Wealth Advisors now owns 5,176 shares of the company’s stock valued at $88,000 after purchasing an additional 1,534 shares during the period. Finally, Allworth Financial LP grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 7.4% during the fourth quarter. Allworth Financial LP now owns 9,455 shares of the company’s stock valued at $160,000 after acquiring an additional 650 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

The Invesco BulletShares 2030 Corporate Bond ETF (BSCU) 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 2030. BSCU was launched on Sep 16, 2020 and is managed by Invesco.