Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Reaches New 52-Week Low – Time to Sell?

Shares of Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY – Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $20.25 and last traded at $20.25, with a volume of 12896 shares. The stock had previously closed at $20.33.

Invesco BulletShares 2034 Corporate Bond ETF Stock Down 0.3%

The stock has a 50 day moving average price of $20.49 and a two-hundred day moving average price of $20.71.

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Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were issued a dividend of $0.0885 per share. The ex-dividend date of this dividend was Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 5.2%. This is an increase from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.09.

Hedge Funds Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the stock. First Command Advisory Services Inc. raised 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 last quarter. Kestra Private Wealth Services LLC grew its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 6.2% during the first quarter. Kestra Private Wealth Services LLC now owns 11,871 shares of the company’s stock valued at $246,000 after purchasing an additional 694 shares during the last quarter. Opulen Financial Group LLC grew its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 5.1% during the third quarter. Opulen Financial Group LLC now owns 16,483 shares of the company’s stock valued at $346,000 after purchasing an additional 806 shares during the last quarter. Jacobi Capital Management LLC increased its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 10.5% in the fourth quarter. Jacobi Capital Management LLC now owns 13,832 shares of the company’s stock valued at $291,000 after purchasing an additional 1,312 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 3.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 47,628 shares of the company’s stock valued at $1,001,000 after purchasing an additional 1,388 shares in the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Company Profile

(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.

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