Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sets New 52-Week Low – Here’s Why

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $19.87 and last traded at $19.8650, with a volume of 6068 shares. The stock had previously closed at $19.98.

Invesco BulletShares 2032 Corporate Bond ETF Trading Up 0.1%

The firm’s fifty day moving average price is $20.20 and its two-hundred day moving average price is $20.44.

Invesco BulletShares 2032 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 21st will be given a dividend of $0.0794 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Monday, September 21st.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BSCW. Aptus Capital Advisors LLC raised its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 5.5% in the 4th quarter. Aptus Capital Advisors LLC now owns 8,589,639 shares of the company’s stock worth $179,309,000 after purchasing an additional 444,876 shares during the period. Royal Bank of Canada lifted its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 22.4% in the first quarter. Royal Bank of Canada now owns 994,559 shares of the company’s stock worth $20,476,000 after buying an additional 181,725 shares in the last quarter. Capital Investment Counsel LLC boosted its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 18.6% during the 1st quarter. Capital Investment Counsel LLC now owns 722,194 shares of the company’s stock valued at $14,868,000 after acquiring an additional 113,289 shares during the last quarter. Clark Asset Management LLC lifted its position in Invesco BulletShares 2032 Corporate Bond ETF by 26.3% during the second quarter. Clark Asset Management LLC now owns 696,425 shares of the company’s stock valued at $14,284,000 after purchasing an additional 144,804 shares during the last quarter. Finally, Bank of America Corp DE grew its position in Invesco BulletShares 2032 Corporate Bond ETF by 9.8% in the first quarter. Bank of America Corp DE now owns 690,831 shares of the company’s stock worth $14,222,000 after acquiring an additional 61,900 shares in 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.