Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Sees Large Volume Increase – Should You Buy?

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw unusually-strong trading volume on Wednesday . Approximately 1,732,188 shares were traded during mid-day trading, an increase of 406% from the previous session’s volume of 342,189 shares.The stock last traded at $16.7050 and had previously closed at $16.71.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

The business’s 50 day moving average is $16.71 and its 200 day moving average is $16.61.

Invesco BulletShares 2031 Corporate Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 28th. Investors of record on Monday, November 24th were given a dividend of $0.0642 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Monday, November 24th.

Hedge Funds Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Hengehold Capital Management LLC increased its stake in Invesco BulletShares 2031 Corporate Bond ETF by 99.0% in the 2nd quarter. Hengehold Capital Management LLC now owns 2,062,293 shares of the company’s stock valued at $34,090,000 after buying an additional 1,026,132 shares during the period. Baird Financial Group Inc. acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF in the first quarter worth $12,928,000. Aptus Capital Advisors LLC raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 8.2% during the third quarter. Aptus Capital Advisors LLC now owns 9,912,068 shares of the company’s stock worth $165,333,000 after acquiring an additional 752,732 shares in the last quarter. Central Valley Advisors LLC acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the third quarter valued at $8,794,000. Finally, Modern Wealth Management LLC purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF in the second quarter valued at about $8,569,000.

About Invesco BulletShares 2031 Corporate Bond ETF

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.