Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Unusually-High Trading Volume After Dividend Announcement

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) saw an uptick in trading volume on Tuesday after the company announced a dividend. 278,062 shares were traded during mid-day 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. Investors of record on Monday, March 23rd will be issued a dividend of $0.0831 per share. The ex-dividend date of this dividend is Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is a positive change from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.08.

Invesco BulletShares 2033 Corporate Bond ETF Trading Down 0.2%

The stock has a fifty day moving average of $21.45 and a two-hundred day moving average of $21.49.

Institutional Investors Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in BSCX. CWM LLC bought a new position in shares of Invesco BulletShares 2033 Corporate Bond ETF in the fourth quarter worth about $34,000. International Assets Investment Management LLC bought a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the fourth quarter valued at approximately $34,000. Davis Capital Management bought a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the third quarter valued at approximately $61,000. Advisory Services Network LLC acquired a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF in the third quarter valued at approximately $92,000. Finally, Montag A & Associates Inc. increased its holdings in shares of Invesco BulletShares 2033 Corporate Bond ETF by 79.2% in the fourth quarter. Montag A & Associates Inc. now owns 4,524 shares of the company’s stock valued at $97,000 after purchasing an additional 2,000 shares in 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.