Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Large Volume Increase – Should You Buy?

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw unusually-high trading volume on Tuesday . Approximately 1,787,528 shares traded hands during trading, an increase of 217% from the previous session’s volume of 564,625 shares.The stock last traded at $16.8850 and had previously closed at $16.89.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

The business’s fifty day moving average is $16.93 and its two-hundred day moving average is $16.86.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 22nd will be paid a $0.063 dividend. The ex-dividend date is Monday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

Hedge Funds Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of BSCU. Lido Advisors LLC grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 49.5% during the 3rd quarter. Lido Advisors LLC now owns 7,123,475 shares of the company’s stock valued at $120,387,000 after acquiring an additional 2,357,648 shares during the period. Tradewinds Capital Management LLC purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF during the third quarter valued at approximately $18,722,000. Baird Financial Group Inc. lifted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 1,426.9% during the first quarter. Baird Financial Group Inc. now owns 788,983 shares of the company’s stock valued at $13,089,000 after purchasing an additional 737,312 shares in the last quarter. Aptus Capital Advisors LLC boosted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 8.2% in the third quarter. Aptus Capital Advisors LLC now owns 8,582,313 shares of the company’s stock worth $145,041,000 after purchasing an additional 651,187 shares during the period. Finally, TruWealth Advisors LLC increased its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 14.1% in the third quarter. TruWealth Advisors LLC now owns 4,431,476 shares of the company’s stock worth $74,892,000 after purchasing an additional 547,539 shares in the last quarter.

About Invesco BulletShares 2030 Corporate Bond ETF

The Invesco BulletShares 2030 Corporate Bond ETF (BSCU) 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 2030. BSCU was launched on Sep 16, 2020 and is managed by Invesco.