Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Hits New 12-Month Low – Time to Sell?

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCVGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as $16.13 and last traded at $16.1350, with a volume of 168005 shares. The stock had previously closed at $16.15.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

The firm’s fifty day moving average is $16.27 and its 200-day moving average is $16.42.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were issued a $0.0672 dividend. This is a boost from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, August 24th. This represents a c) annualized dividend and a yield of 5.0%.

Institutional Investors Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the company. AlphaCore Capital LLC purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter valued at about $33,000. Ascentis Independent Advisors acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 1st quarter valued at about $35,000. Advisory Services Network LLC purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth approximately $92,000. Align Financial LLC purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the fourth quarter worth approximately $111,000. Finally, Larson Financial Group LLC raised its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 27.2% in the fourth quarter. Larson Financial Group LLC now owns 8,420 shares of the company’s stock valued at $141,000 after acquiring an additional 1,799 shares in the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Company Profile

(Get Free Report)

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. BSCV was launched on Sep 15, 2021 and is managed by Invesco.

Further Reading

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