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

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY)’s share price hit a new 52-week low on Monday . The company traded as low as $20.24 and last traded at $20.24, with a volume of 6166 shares traded. The stock had previously closed at $20.27.

Invesco BulletShares 2034 Corporate Bond ETF Stock Down 0.1%

The stock has a fifty day simple moving average of $20.45 and a two-hundred day simple moving average of $20.69.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a dividend of $0.092 per share. The ex-dividend date was Monday, August 24th. This is an increase from Invesco BulletShares 2034 Corporate Bond ETF’s previous dividend of $0.08.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC bought a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the third quarter worth about $47,000. Redmond Asset Management LLC bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter valued at approximately $202,000. Waverly Advisors LLC acquired a new position in Invesco BulletShares 2034 Corporate Bond ETF during the 1st quarter worth approximately $204,000. &PARTNERS acquired a new position in Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter worth approximately $210,000. Finally, Concurrent Investment Advisors LLC bought a new position in Invesco BulletShares 2034 Corporate Bond ETF in the 4th quarter valued at approximately $211,000.

About Invesco BulletShares 2034 Corporate Bond ETF

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.