Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sets New 12-Month Low – Should You Sell?

Shares of Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) hit a new 52-week low during trading on Monday . The company traded as low as $20.16 and last traded at $20.17, with a volume of 41818 shares. The stock had previously closed at $20.17.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

The business’s 50-day simple moving average is $20.36 and its two-hundred day simple moving average is $20.56.

Invesco BulletShares 2032 Corporate Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a $0.0844 dividend. The ex-dividend date was Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 5.0%.

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Hedge funds have recently bought and sold shares of the business. Butensky & Cohen Financial Security Inc. boosted its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 7.3% during the 2nd quarter. Butensky & Cohen Financial Security Inc. now owns 78,206 shares of the company’s stock valued at $1,604,000 after buying an additional 5,296 shares during the last quarter. Sax Wealth Advisors LLC acquired a new stake in Invesco BulletShares 2032 Corporate Bond ETF in the second quarter valued at $319,000. Everpar Advisors LLC raised its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 23.2% in the second quarter. Everpar Advisors LLC now owns 63,159 shares of the company’s stock valued at $1,295,000 after acquiring an additional 11,887 shares in the last quarter. Legacy Wealth Management LLC MS boosted its stake in Invesco BulletShares 2032 Corporate Bond ETF by 75.8% during the 2nd quarter. Legacy Wealth Management LLC MS now owns 25,150 shares of the company’s stock valued at $516,000 after acquiring an additional 10,840 shares during the last quarter. Finally, Clark Asset Management LLC boosted its stake in Invesco BulletShares 2032 Corporate Bond ETF by 26.3% during the 2nd quarter. Clark Asset Management LLC now owns 696,425 shares of the company’s stock valued at $14,284,000 after acquiring an additional 144,804 shares during the last quarter.

About Invesco BulletShares 2032 Corporate Bond ETF

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.