Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Sets New 1-Year Low – Time to Sell?

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCYGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $19.96 and last traded at $19.9510, with a volume of 116512 shares traded. The stock had previously closed at $19.97.

Invesco BulletShares 2034 Corporate Bond ETF Trading Down 0.1%

The stock’s fifty day simple moving average is $20.32 and its two-hundred day simple moving average is $20.60.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were issued a dividend of $0.092 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. This is a boost from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, August 24th.

Institutional Trading of Invesco BulletShares 2034 Corporate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Redmond Asset Management LLC acquired a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter valued at about $202,000. Waverly Advisors LLC acquired a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the first quarter worth approximately $204,000. First Command Advisory Services Inc. lifted its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 6.8% in the fourth quarter. First Command Advisory Services Inc. now owns 10,085 shares of the company’s stock worth $212,000 after acquiring an additional 642 shares during the period. Kestra Private Wealth Services LLC boosted its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 6.2% in the first quarter. Kestra Private Wealth Services LLC now owns 11,871 shares of the company’s stock valued at $246,000 after acquiring an additional 694 shares during the last quarter. Finally, Allen Capital Group LLC boosted its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 19.1% in the fourth quarter. Allen Capital Group LLC now owns 15,102 shares of the company’s stock valued at $317,000 after acquiring an additional 2,419 shares during the last quarter.

About Invesco BulletShares 2034 Corporate Bond ETF

(Get Free Report)

The Invesco BulletShares 2034 Corporate Bond ETF (BSCY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate bonds with effective maturities in 2034. BSCY was launched on Jun 12, 2024 and is issued by Invesco.

Further Reading

Receive News & Ratings for Invesco BulletShares 2034 Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco BulletShares 2034 Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.