Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Hits New 52-Week High – Still a Buy?

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) hit a new 52-week high during trading on Tuesday . The company traded as high as $20.26 and last traded at $20.26, with a volume of 2307 shares changing hands. The stock had previously closed at $19.61.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

The firm has a 50-day simple moving average of $19.63 and a two-hundred day simple moving average of $19.66.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were paid a $0.0693 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a boost from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, July 20th.

Institutional Trading of Invesco BulletShares 2027 Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BSCR. Rossby Financial LCC acquired a new position in Invesco BulletShares 2027 Corporate Bond ETF in the 4th quarter valued at $28,000. Birchbrook Inc. bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth about $30,000. AlphaCore Capital LLC bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth about $33,000. International Assets Investment Management LLC acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth about $48,000. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth about $52,000.

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.