Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Reaches New 12-Month Low – Should You Sell?

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) shares reached a new 52-week low on Tuesday . The stock traded as low as $20.26 and last traded at $20.27, with a volume of 364703 shares. The stock had previously closed at $20.33.

Invesco BulletShares 2032 Corporate Bond ETF Trading Down 0.3%

The firm’s fifty day moving average is $20.48 and its 200-day moving average is $20.68.

Invesco BulletShares 2032 Corporate Bond ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 24th. Stockholders of record on Monday, July 20th will be issued a dividend of $0.0826 per share. The ex-dividend date is Monday, July 20th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BSCW. Wilkins Miller Wealth Management LLC boosted its stake in Invesco BulletShares 2032 Corporate Bond ETF by 28.6% in the fourth quarter. Wilkins Miller Wealth Management LLC now owns 120,285 shares of the company’s stock worth $2,511,000 after buying an additional 26,769 shares in the last quarter. Evexia Wealth LLC purchased a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 4th quarter valued at $2,302,000. Carnegie Investment Counsel grew its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 242.0% during the 4th quarter. Carnegie Investment Counsel now owns 75,994 shares of the company’s stock valued at $1,586,000 after purchasing an additional 53,772 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 4th quarter valued at $3,098,000. Finally, Capital Investment Counsel LLC raised its position in Invesco BulletShares 2032 Corporate Bond ETF by 20.8% in the 4th quarter. Capital Investment Counsel LLC now owns 608,905 shares of the company’s stock worth $12,711,000 after purchasing an additional 105,009 shares during the period.

Invesco BulletShares 2032 Corporate Bond ETF Company Profile

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) 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 2032. BSCW was launched on Sep 8, 2022 and is managed by Invesco.