Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Hits New 1-Year Low – Here’s Why

Shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) reached a new 52-week low on Tuesday . The stock traded as low as $16.45 and last traded at $16.46, with a volume of 42778 shares. The stock had previously closed at $16.48.

Invesco BulletShares 2030 Corporate Bond ETF Trading Down 0.1%

The business’s fifty day simple moving average is $16.57 and its 200-day simple moving average is $16.70.

Invesco BulletShares 2030 Corporate Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a dividend of $0.0653 per share. The ex-dividend date was Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

Hedge Funds Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Institutional investors have recently bought and sold shares of the stock. AlphaCore Capital LLC bought a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the 4th quarter valued at $34,000. Ascentis Independent Advisors bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 1st quarter valued at about $36,000. International Assets Investment Management LLC bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter valued at about $53,000. AdvisorNet Financial Inc boosted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 191.9% during the 1st quarter. AdvisorNet Financial Inc now owns 3,433 shares of the company’s stock valued at $57,000 after purchasing an additional 2,257 shares during the last quarter. Finally, Sarver Vrooman Wealth Advisors grew its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 42.1% during the fourth quarter. Sarver Vrooman Wealth Advisors now owns 5,176 shares of the company’s stock valued at $88,000 after purchasing an additional 1,534 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

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.