Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Sees Strong Trading Volume – Here’s Why

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) shares saw strong trading volume on Thursday . 473,360 shares were traded during trading, an increase of 131% from the previous session’s volume of 205,154 shares.The stock last traded at $16.05 and had previously closed at $16.04.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

The firm’s 50 day moving average is $16.23 and its two-hundred day moving average is $16.33.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.062 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BSCV. Aptus Capital Advisors LLC increased its position in Invesco BulletShares 2031 Corporate Bond ETF by 37.7% in the third quarter. Aptus Capital Advisors LLC now owns 2,438,652 shares of the company’s stock worth $40,652,000 after buying an additional 667,135 shares during the period. Capital Investment Counsel LLC grew its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 166.0% during the third quarter. Capital Investment Counsel LLC now owns 805,406 shares of the company’s stock worth $13,426,000 after acquiring an additional 502,651 shares during the last quarter. Waycross Investment Management Co acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter worth about $6,771,000. Marietta Wealth Management LLC bought a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at about $5,948,000. Finally, Strategic Financial Concepts LLC lifted its position in Invesco BulletShares 2031 Corporate Bond ETF by 1,097.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 350,742 shares of the company’s stock valued at $56,000 after purchasing an additional 321,445 shares during the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Company Profile

The Invesco BulletShares 2031 Corporate Bond ETF (BSCV) 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 2031. The fund will unwind in December 2031 and return capitals and proceeds to investors.