Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Hits New 12-Month Low – Here’s What Happened

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday. The stock traded as low as $19.51 and last traded at $19.5550, with a volume of 1,202 shares trading hands. The stock had previously closed at $19.55.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

The company has a 50 day simple moving average of $19.59 and a 200-day simple moving average of $19.64.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were issued a $0.0690 dividend. This is a decrease from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0697. The ex-dividend date of this dividend was Monday, October 19th. This represents a $0.83 annualized dividend and a yield of 4.2%.

Hedge Funds Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BSCR. Lido Advisors LLC lifted its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 5.8% during the 1st quarter. Lido Advisors LLC now owns 70,691,925 shares of the company’s stock valued at $1,400,120,000 after buying an additional 3,854,896 shares in the last quarter. Avior Wealth Management LLC purchased a new position in Invesco BulletShares 2027 Corporate Bond ETF in the 3rd quarter valued at approximately $36,540,000. Brookstone Capital Management purchased a new position in Invesco BulletShares 2027 Corporate Bond ETF in the 3rd quarter valued at approximately $27,690,000. Financial Solutions Advisory Group Inc. purchased a new position in Invesco BulletShares 2027 Corporate Bond ETF in the 1st quarter valued at approximately $16,595,000. Finally, Kirr Marbach & Co. LLC IN bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 3rd quarter valued at $15,135,000.

About Invesco BulletShares 2027 Corporate Bond ETF

(Get Free Report)

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors. BSCR was launched on Sep 27, 2017 and is managed by Invesco.

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