Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Large Volume Increase – Here’s What Happened

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) shares saw an uptick in trading volume on Friday . Approximately 1,632,590 shares traded hands during mid-day trading, an increase of 137% from the previous session’s volume of 687,786 shares.The stock last traded at $16.3150 and had previously closed at $16.35.

Invesco BulletShares 2030 Corporate Bond ETF Stock Down 0.2%

The firm has a 50 day simple moving average of $16.51 and a two-hundred day simple moving average of $16.64.

Invesco BulletShares 2030 Corporate Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were paid a $0.0653 dividend. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Monday, August 24th.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Anchor Investment Management LLC raised its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 78.3% during the 2nd quarter. Anchor Investment Management LLC now owns 17,535 shares of the company’s stock worth $292,000 after buying an additional 7,700 shares in the last quarter. Van Hulzen Asset Management LLC acquired a new position in Invesco BulletShares 2030 Corporate Bond ETF during the second quarter worth $223,000. Capital Analysts LLC raised its position in Invesco BulletShares 2030 Corporate Bond ETF by 13.8% in the second quarter. Capital Analysts LLC now owns 88,264 shares of the company’s stock worth $1,469,000 after acquiring an additional 10,698 shares in the last quarter. Insight Wealth Partners LLC raised its position in Invesco BulletShares 2030 Corporate Bond ETF by 16.3% in the second quarter. Insight Wealth Partners LLC now owns 18,747 shares of the company’s stock worth $312,000 after acquiring an additional 2,630 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 20.2% in the second quarter. Integrated Wealth Concepts LLC now owns 80,086 shares of the company’s stock valued at $1,333,000 after acquiring an additional 13,448 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

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.