Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Large Volume Increase After Dividend Announcement

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) shares saw unusually-high trading volume on Tuesday after the company announced a dividend. Approximately 278,062 shares were traded during trading, an increase of 25% from the previous session’s volume of 221,946 shares.The stock last traded at $21.03 and had previously closed at $21.08.

The newly announced dividend which will be paid on Friday, March 27th. Stockholders of record on Monday, March 23rd will be given a dividend of $0.0831 per share. The ex-dividend date of this dividend is Monday, March 23rd. This is an increase from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

Invesco BulletShares 2033 Corporate Bond ETF Stock Performance

The business’s 50-day moving average price is $21.43 and its two-hundred day moving average price is $21.49.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BSCX. ORG Partners LLC raised its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 4.5% in the 4th quarter. ORG Partners LLC now owns 10,942 shares of the company’s stock valued at $235,000 after purchasing an additional 475 shares in the last quarter. First Command Advisory Services Inc. lifted its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 5.7% during the third quarter. First Command Advisory Services Inc. now owns 10,636 shares of the company’s stock worth $228,000 after purchasing an additional 577 shares during the last quarter. Capital Investment Advisors LLC grew its stake in Invesco BulletShares 2033 Corporate Bond ETF by 6.8% in the third quarter. Capital Investment Advisors LLC now owns 10,282 shares of the company’s stock worth $221,000 after purchasing an additional 656 shares in the last quarter. G2 Capital Management LLC OH increased its holdings in Invesco BulletShares 2033 Corporate Bond ETF by 1.2% in the fourth quarter. G2 Capital Management LLC OH now owns 60,685 shares of the company’s stock valued at $1,302,000 after buying an additional 720 shares during the last quarter. Finally, Dover Advisors LLC increased its holdings in Invesco BulletShares 2033 Corporate Bond ETF by 2.8% in the fourth quarter. Dover Advisors LLC now owns 27,100 shares of the company’s stock valued at $582,000 after buying an additional 750 shares during the last quarter.

About Invesco BulletShares 2033 Corporate Bond ETF

The Invesco BulletShares 2033 Corporate Bond ETF (BSCX) 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 2033. BSCX was launched on Sep 20, 2023 and is issued by Invesco.