Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sees Significant Decrease in Short Interest

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 110,416 shares, a decline of 42.7% from the February 26th total of 192,855 shares. Based on an average daily volume of 369,706 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are sold short.

Invesco BulletShares 2032 Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2032 Corporate Bond ETF stock opened at $20.39 on Friday. Invesco BulletShares 2032 Corporate Bond ETF has a twelve month low of $19.62 and a twelve month high of $21.66. The company’s 50 day moving average is $20.84 and its 200 day moving average is $20.89.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.0797 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, March 23rd. This is a positive change from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.08.

Institutional Trading of Invesco BulletShares 2032 Corporate Bond ETF

Several large investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 1,006.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,374,029 shares of the company’s stock valued at $49,558,000 after acquiring an additional 2,159,532 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 1,619.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 1,341,937 shares of the company’s stock valued at $28,013,000 after purchasing an additional 1,263,909 shares during the period. Hengehold Capital Management LLC increased its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 159.7% during the 4th quarter. Hengehold Capital Management LLC now owns 1,859,240 shares of the company’s stock valued at $38,812,000 after purchasing an additional 1,143,235 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 4th quarter worth approximately $19,702,000. Finally, Moneco Advisors LLC boosted its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 2,286.5% in the fourth quarter. Moneco Advisors LLC now owns 918,123 shares of the company’s stock worth $19,166,000 after buying an additional 879,651 shares during the last quarter.

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.