Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sees Strong Trading Volume – Still a Buy?

Shares of Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw an uptick in trading volume on Thursday . 410,736 shares traded hands during mid-day 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 Stock Performance

The firm’s 50-day simple moving average is $20.40 and its 200 day simple moving average is $20.52.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 23rd will be issued a $0.086 dividend. 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 Trading of Invesco BulletShares 2032 Corporate Bond ETF

Several large investors have recently modified their holdings of the stock. Raymond James & Associates raised its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 27.2% in the 3rd quarter. Raymond James & Associates now owns 1,660,773 shares of the company’s stock worth $34,826,000 after acquiring an additional 355,160 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the second quarter valued at about $822,000. Strategic Financial Concepts LLC lifted its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 1,386.2% during the second 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 boosted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 13.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 24,119 shares of the company’s stock worth $506,000 after purchasing an additional 2,813 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its position in 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 worth $161,000 after purchasing an additional 2,282 shares in 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.