InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Strong Trading Volume After Dividend Announcement

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) shares saw unusually-strong trading volume on Tuesday after the company announced a dividend. Approximately 589,140 shares were traded during trading, an increase of 370% from the previous session’s volume of 125,444 shares.The stock last traded at $20.72 and had previously closed at $20.75.

The newly announced dividend which will be paid on Friday, May 23rd. Investors of record on Monday, May 19th will be paid a dividend of $0.0924 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.35%. This is an increase from InvescoBulletShares2033 Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend is Monday, May 19th.

InvescoBulletShares2033 Corporate Bond ETF Stock Down 0.1%

The company’s fifty day moving average is $20.77 and its two-hundred day moving average is $20.78.

Institutional Trading of InvescoBulletShares2033 Corporate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Commonwealth Equity Services LLC boosted its position in shares of InvescoBulletShares2033 Corporate Bond ETF by 10.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 81,156 shares of the company’s stock worth $1,673,000 after purchasing an additional 7,545 shares during the last quarter. Invesco Ltd. lifted its stake in InvescoBulletShares2033 Corporate Bond ETF by 0.4% in the fourth quarter. Invesco Ltd. now owns 480,431 shares of the company’s stock valued at $9,906,000 after buying an additional 2,074 shares during the period. Stifel Financial Corp bought a new position in InvescoBulletShares2033 Corporate Bond ETF during the fourth quarter worth about $239,000. Community Bank N.A. grew its position in shares of InvescoBulletShares2033 Corporate Bond ETF by 294.2% during the 4th quarter. Community Bank N.A. now owns 2,700 shares of the company’s stock worth $56,000 after buying an additional 2,015 shares during the period. Finally, Thrivent Financial for Lutherans grew its position in shares of InvescoBulletShares2033 Corporate Bond ETF by 12.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 11,813 shares of the company’s stock worth $244,000 after buying an additional 1,321 shares during the period.

InvescoBulletShares2033 Corporate Bond ETF Company Profile

The Invesco BulletShares 2033 Corporate Bond ETF (BSCX) 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 2033. BSCX was launched on Sep 20, 2023 and is issued by Invesco.