Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sees Unusually-High Trading Volume – Here’s Why

Shares of Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw unusually-strong trading volume on Thursday . Approximately 410,736 shares changed hands during trading, an increase of 211% from the previous session’s volume of 132,265 shares.The stock last traded at $20.11 and had previously closed at $20.11.

Invesco BulletShares 2032 Corporate Bond ETF Trading Up 0.0 %

The company has a 50-day moving average price of $20.40 and a 200-day moving average price of $20.52.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 23rd will be issued a dividend of $0.086 per share. The ex-dividend date is Monday, December 23rd. This is a boost from Invesco BulletShares 2032 Corporate Bond ETF’s previous dividend of $0.08.

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Several hedge funds have recently bought and sold shares of BSCW. Raymond James & Associates raised its stake in Invesco BulletShares 2032 Corporate Bond ETF by 27.2% during the 3rd quarter. Raymond James & Associates now owns 1,660,773 shares of the company’s stock worth $34,826,000 after buying an additional 355,160 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF during the second quarter worth about $822,000. Strategic Financial Concepts LLC lifted its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 1,386.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 345,907 shares of the company’s stock valued at $69,000 after purchasing an additional 322,633 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 13.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 24,119 shares of the company’s stock valued at $506,000 after purchasing an additional 2,813 shares during the period. Finally, Benjamin F. Edwards & Company Inc. grew its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 39.5% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 8,053 shares of the company’s stock valued at $161,000 after purchasing an additional 2,282 shares during the period.

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.