Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sets New 12-Month Low – Here’s What Happened

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCUGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as $16.27 and last traded at $16.2750, with a volume of 18720 shares. The stock had previously closed at $16.32.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

The firm’s 50-day simple moving average is $16.50 and its 200-day simple moving average is $16.64.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 21st will be paid a $0.0629 dividend. The ex-dividend date of this dividend is Monday, September 21st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

Hedge Funds Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Large investors have recently added to or reduced their stakes in the company. AlphaCore Capital LLC acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the fourth quarter worth $34,000. Ascentis Independent Advisors purchased a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the first quarter valued at $36,000. AdvisorNet Financial Inc increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 191.9% in the 1st quarter. AdvisorNet Financial Inc now owns 3,433 shares of the company’s stock valued at $57,000 after acquiring an additional 2,257 shares during the period. Sarver Vrooman Wealth Advisors increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 42.1% in the 4th quarter. Sarver Vrooman Wealth Advisors now owns 5,176 shares of the company’s stock valued at $88,000 after acquiring an additional 1,534 shares during the period. Finally, Allworth Financial LP raised its stake in Invesco BulletShares 2030 Corporate Bond ETF by 7.4% in the 4th quarter. Allworth Financial LP now owns 9,455 shares of the company’s stock worth $160,000 after acquiring an additional 650 shares during the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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