Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Strong Trading Volume – Here’s Why

by · The Cerbat Gem

Shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 620,422 shares changed hands during trading, an increase of 115% from the previous session’s volume of 288,164 shares.The stock last traded at $16.75 and had previously closed at $16.74.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

The stock has a 50 day moving average price of $16.86 and a two-hundred day moving average price of $16.47.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a $0.061 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 4.37%. The ex-dividend date of this dividend was Monday, September 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Institutional investors have recently modified their holdings of the business. Aptus Capital Advisors LLC raised its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 33.5% during the 2nd quarter. Aptus Capital Advisors LLC now owns 2,434,089 shares of the company’s stock worth $39,578,000 after buying an additional 610,231 shares during the period. Raymond James & Associates boosted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 143.9% during the second quarter. Raymond James & Associates now owns 1,934,521 shares of the company’s stock worth $31,455,000 after buying an additional 1,141,238 shares during the period. Eastern Bank grew its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1.4% during the second quarter. Eastern Bank now owns 1,879,680 shares of the company’s stock worth $30,564,000 after buying an additional 25,623 shares in the last quarter. Tlwm boosted its position in Invesco BulletShares 2030 Corporate Bond ETF by 3.9% during the 3rd quarter. Tlwm now owns 1,468,501 shares of the company’s stock worth $24,891,000 after acquiring an additional 55,549 shares during the last quarter. Finally, Atlantic Union Bankshares Corp grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 21.4% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 1,200,323 shares of the company’s stock worth $19,516,000 after acquiring an additional 211,826 shares in 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.

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