Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Sees Strong Trading Volume – Still a Buy?

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) shares saw an uptick in trading volume on Friday . 330,935 shares changed hands during trading, a decline of 39% from the previous session’s volume of 540,181 shares.The stock last traded at $16.18 and had previously closed at $16.17.

Invesco BulletShares 2031 Corporate Bond ETF Stock Up 0.1%

The company has a 50-day moving average price of $16.36 and a two-hundred day moving average price of $16.52.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were issued a $0.065 dividend. The ex-dividend date was Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 4.8%. This is a boost from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in BSCV. AlphaCore Capital LLC purchased a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF in the fourth quarter valued at $33,000. Ascentis Independent Advisors purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the 1st quarter worth $35,000. Farther Finance Advisors LLC increased its stake in Invesco BulletShares 2031 Corporate Bond ETF by 248.4% during the 4th quarter. Farther Finance Advisors LLC now owns 2,439 shares of the company’s stock worth $41,000 after buying an additional 1,739 shares during the period. Laurel Wealth Advisors LLC purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter worth $50,000. Finally, Advisory Services Network LLC acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter worth $92,000.

Invesco BulletShares 2031 Corporate Bond ETF Company Profile

The Invesco BulletShares 2031 Corporate Bond ETF (BSCV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade corporate bonds with effective maturities in 2031. The fund will unwind in December 2031 and return capitals and proceeds to investors. BSCV was launched on Sep 15, 2021 and is managed by Invesco.