Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Strong Trading Volume Following Dividend Announcement

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) saw an uptick in trading volume on Tuesday after the company announced a dividend. 278,062 shares changed hands during mid-day trading, an increase of 25% from the previous session’s volume of 221,946 shares.The stock last traded at $21.03 and had previously closed at $21.08.

The newly announced dividend which will be paid on Friday, March 27th. Investors of record on Monday, March 23rd will be paid a $0.0831 dividend. The ex-dividend date is Monday, March 23rd. This is a positive change from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

Invesco BulletShares 2033 Corporate Bond ETF Price Performance

The stock’s 50 day moving average is $21.44 and its two-hundred day moving average is $21.49.

Hedge Funds Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

Several large investors have recently bought and sold shares of the business. International Assets Investment Management LLC bought a new position in shares of Invesco BulletShares 2033 Corporate Bond ETF in the 4th quarter worth $34,000. CWM LLC acquired a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the fourth quarter worth $34,000. Davis Capital Management bought a new stake in Invesco BulletShares 2033 Corporate Bond ETF in the third quarter valued at about $61,000. Advisory Services Network LLC bought a new stake in Invesco BulletShares 2033 Corporate Bond ETF in the third quarter valued at about $92,000. Finally, Montag A & Associates Inc. lifted its stake in Invesco BulletShares 2033 Corporate Bond ETF by 79.2% in the fourth quarter. Montag A & Associates Inc. now owns 4,524 shares of the company’s stock valued at $97,000 after buying an additional 2,000 shares during the period.

About Invesco BulletShares 2033 Corporate Bond ETF

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.