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 share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $19.92 and last traded at $19.9250, with a volume of 53271 shares traded. The stock had previously closed at $19.95.

Invesco BulletShares 2034 Corporate Bond ETF Price Performance

The business has a 50 day moving average price of $20.28 and a 200-day moving average price of $20.56.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 21st will be given a dividend of $0.0809 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Monday, September 21st.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

A number of large investors have recently bought and sold shares of BSCY. First Command Advisory Services Inc. grew its stake in 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 valued at $212,000 after acquiring an additional 642 shares during the period. Kestra Private Wealth Services LLC raised its position 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 worth $246,000 after purchasing an additional 694 shares during the period. J.W. Cole Advisors Inc. lifted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 3.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 47,628 shares of the company’s stock worth $1,001,000 after purchasing an additional 1,388 shares in the last quarter. Allen Capital Group LLC lifted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 11.2% in the 1st quarter. Allen Capital Group LLC now owns 16,793 shares of the company’s stock worth $348,000 after purchasing an additional 1,691 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its position in Invesco BulletShares 2034 Corporate Bond ETF by 5.9% in the 1st quarter. Kestra Advisory Services LLC now owns 35,482 shares of the company’s stock valued at $734,000 after purchasing an additional 1,969 shares during the period.

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

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