Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) Hits New 12-Month High – Still a Buy?

Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) shares hit a new 52-week high on Thursday . The stock traded as high as $20.73 and last traded at $20.73, with a volume of 169019 shares trading hands. The stock had previously closed at $20.71.

Invesco BulletShares 2025 Corporate Bond ETF Trading Up 0.1 %

The firm’s 50-day moving average is $20.69 and its two-hundred day moving average is $20.66.

Invesco BulletShares 2025 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were given a dividend of $0.0699 per share. The ex-dividend date of this dividend was Monday, February 24th.

Hedge Funds Weigh In On Invesco BulletShares 2025 Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans grew its holdings in Invesco BulletShares 2025 Corporate Bond ETF by 19.9% during the third quarter. Thrivent Financial for Lutherans now owns 305,653 shares of the company’s stock valued at $6,312,000 after purchasing an additional 50,752 shares during the last quarter. Prospera Financial Services Inc grew its stake in shares of Invesco BulletShares 2025 Corporate Bond ETF by 29.0% in the third quarter. Prospera Financial Services Inc now owns 83,912 shares of the company’s stock worth $1,733,000 after acquiring an additional 18,884 shares during the last quarter. LPL Financial LLC grew its stake in shares of Invesco BulletShares 2025 Corporate Bond ETF by 1.4% in the third quarter. LPL Financial LLC now owns 5,197,553 shares of the company’s stock worth $107,329,000 after acquiring an additional 69,538 shares during the last quarter. Meridian Wealth Management LLC acquired a new stake in shares of Invesco BulletShares 2025 Corporate Bond ETF in the third quarter worth $1,096,000. Finally, Certified Advisory Corp lifted its position in Invesco BulletShares 2025 Corporate Bond ETF by 1.6% in the third quarter. Certified Advisory Corp now owns 42,556 shares of the company’s stock worth $879,000 after purchasing an additional 690 shares during the period.

About Invesco BulletShares 2025 Corporate Bond ETF

The Invesco Bulletshares 2025 Corporate Bond ETF (BSCP) 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 2025. The fund will unwind in December 2025 and return capital and proceeds to investors.