Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Reaches New 52-Week Low – Here’s What Happened

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as $19.55 and last traded at $19.5550, with a volume of 33751 shares changing hands. The stock had previously closed at $19.61.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

The company has a 50-day moving average of $19.62 and a 200 day moving average of $19.64.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 21st will be paid a $0.0697 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Monday, September 21st. This is a positive change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

Hedge Funds Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. AlphaCore Capital LLC bought a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter valued at approximately $33,000. Cary Street Partners Investment Advisory LLC purchased a new position in Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth $52,000. Advisortrust Partners LLC bought a new position in Invesco BulletShares 2027 Corporate Bond ETF during the first quarter valued at $74,000. Sarver Vrooman Wealth Advisors increased its position in Invesco BulletShares 2027 Corporate Bond ETF by 26.7% during the fourth quarter. Sarver Vrooman Wealth Advisors now owns 4,070 shares of the company’s stock valued at $80,000 after acquiring an additional 858 shares during the last quarter. Finally, IFP Advisors Inc increased its position in Invesco BulletShares 2027 Corporate Bond ETF by 7.3% during the fourth quarter. IFP Advisors Inc now owns 7,813 shares of the company’s stock valued at $154,000 after acquiring an additional 529 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.