Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sees Large Volume Increase – Here’s Why

Shares of Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw unusually-high trading volume on Friday . Approximately 378,270 shares were traded during trading, an increase of 73% from the previous session’s volume of 219,244 shares.The stock last traded at $20.8750 and had previously closed at $20.88.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

The company’s 50-day moving average price is $20.89 and its two-hundred day moving average price is $20.80.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a $0.0826 dividend. This is an increase from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Monday, December 22nd.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. CWM LLC acquired a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 3rd quarter valued at approximately $25,000. Comerica Bank raised its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 44.5% during the third quarter. Comerica Bank now owns 3,942 shares of the company’s stock worth $82,000 after purchasing an additional 1,214 shares during the period. Advisory Services Network LLC bought a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 3rd quarter worth about $92,000. Horizons Wealth Management acquired a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 3rd quarter valued at about $133,000. Finally, Front Row Advisors LLC bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 2nd quarter valued at about $172,000.

Invesco BulletShares 2032 Corporate Bond ETF Company Profile

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) 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 2032. BSCW was launched on Sep 8, 2022 and is managed by Invesco.