Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Sets New 1-Year Low – Here’s What Happened

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $19.92 and last traded at $19.9250, with a volume of 53271 shares trading hands. The stock had previously closed at $19.95.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

The business has a 50 day moving average of $20.25 and a 200-day moving average of $20.55.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 21st will be issued a dividend of $0.0809 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Monday, September 21st.

Hedge Funds Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in BSCY. Aptus Capital Advisors LLC bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter valued at about $36,534,000. Janney Montgomery Scott LLC bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the 1st quarter worth about $5,362,000. LeClair Wealth Partners LLC acquired a new position in Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter valued at approximately $2,377,000. Modern Wealth Management LLC grew its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 69.4% in the first quarter. Modern Wealth Management LLC now owns 200,676 shares of the company’s stock valued at $4,157,000 after buying an additional 82,228 shares in the last quarter. Finally, Clark Asset Management LLC increased its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 25.3% during the 2nd quarter. Clark Asset Management LLC now owns 404,980 shares of the company’s stock worth $8,369,000 after purchasing an additional 81,885 shares during the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Company Profile

The Invesco BulletShares 2034 Corporate Bond ETF (BSCY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate bonds with effective maturities in 2034. BSCY was launched on Jun 12, 2024 and is issued by Invesco.