Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Hits New 1-Year High – Here’s What Happened

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $20.26 and last traded at $20.26, with a volume of 2307 shares changing hands. The stock had previously closed at $19.61.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

The business has a fifty day moving average of $19.63 and a 200 day moving average of $19.66.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were given a $0.0693 dividend. The ex-dividend date of this dividend was Monday, July 20th. This is a positive change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in the business. Lido Advisors LLC boosted its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 5.8% during the 1st quarter. Lido Advisors LLC now owns 70,691,925 shares of the company’s stock worth $1,400,120,000 after buying an additional 3,854,896 shares during the period. Morgan Stanley raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 10.9% in the 4th quarter. Morgan Stanley now owns 10,382,016 shares of the company’s stock valued at $204,941,000 after acquiring an additional 1,023,790 shares during the period. Financial Solutions Advisory Group Inc. bought a new position in Invesco BulletShares 2027 Corporate Bond ETF in the 1st quarter valued at about $16,595,000. Thrivent Financial for Lutherans lifted its position in Invesco BulletShares 2027 Corporate Bond ETF by 83.1% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,569,087 shares of the company’s stock worth $30,963,000 after acquiring an additional 712,253 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in Invesco BulletShares 2027 Corporate Bond ETF by 11.4% during the first quarter. Bank of America Corp DE now owns 5,588,500 shares of the company’s stock worth $109,674,000 after acquiring an additional 571,979 shares during the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors. BSCR was launched on Sep 27, 2017 and is managed by Invesco.