Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Reaches New 52-Week Low – What’s Next?

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) reached a new 52-week low on Monday . The stock traded as low as $20.67 and last traded at $20.68, with a volume of 23070 shares trading hands. The stock had previously closed at $20.70.

Invesco BulletShares 2033 Corporate Bond ETF Stock Down 0.4%

The stock has a 50 day simple moving average of $20.86 and a 200-day simple moving average of $21.10.

Invesco BulletShares 2033 Corporate Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were issued a $0.0911 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%.

Institutional Investors Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of BSCX. Dover Advisors LLC lifted its position in Invesco BulletShares 2033 Corporate Bond ETF by 2.8% during the fourth quarter. Dover Advisors LLC now owns 27,100 shares of the company’s stock valued at $582,000 after purchasing an additional 750 shares during the last quarter. Opulen Financial Group LLC grew its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 1.2% in the 4th quarter. Opulen Financial Group LLC now owns 70,038 shares of the company’s stock worth $1,503,000 after buying an additional 830 shares in the last quarter. Redmond Asset Management LLC increased its holdings in shares of Invesco BulletShares 2033 Corporate Bond ETF by 6.8% in the 4th quarter. Redmond Asset Management LLC now owns 14,954 shares of the company’s stock worth $321,000 after buying an additional 950 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF in the 4th quarter worth about $34,000. Finally, CWM LLC bought a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF in the 4th quarter worth about $34,000.

Invesco BulletShares 2033 Corporate Bond ETF Company Profile

The Invesco BulletShares 2033 Corporate Bond ETF (BSCX) 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 2033. BSCX was launched on Sep 20, 2023 and is issued by Invesco.