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

Shares of Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw unusually-strong trading volume on Wednesday . Approximately 529,540 shares changed hands during mid-day trading, an increase of 124% from the previous session’s volume of 236,588 shares.The stock last traded at $19.97 and had previously closed at $19.98.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

The business has a 50 day moving average price of $20.33 and a two-hundred day moving average price of $20.52.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSCW. Bank of New Hampshire purchased a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF during the fourth quarter valued at approximately $26,000. MML Investors Services LLC boosted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 7.1% during the 3rd quarter. MML Investors Services LLC now owns 44,297 shares of the company’s stock valued at $929,000 after acquiring an additional 2,948 shares during the period. Stifel Financial Corp bought a new position in Invesco BulletShares 2032 Corporate Bond ETF in the 3rd quarter valued at $368,000. Captrust Financial Advisors purchased a new stake in Invesco BulletShares 2032 Corporate Bond ETF in the third quarter worth $335,000. Finally, Atlantic Union Bankshares Corp lifted its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 16.6% during the third quarter. Atlantic Union Bankshares Corp now owns 1,149,834 shares of the company’s stock worth $24,110,000 after purchasing an additional 163,495 shares during the last quarter.

Invesco BulletShares 2032 Corporate Bond ETF Company Profile

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.