Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Sets New 12-Month Low – Here’s Why

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $20.25 and last traded at $20.25, with a volume of 5690 shares changing hands. The stock had previously closed at $20.32.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

The stock’s 50-day moving average is $20.58 and its two-hundred day moving average is $20.78.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BSCY. G2 Capital Management LLC OH grew its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 1.2% during the fourth quarter. G2 Capital Management LLC OH now owns 48,723 shares of the company’s stock valued at $1,024,000 after purchasing an additional 558 shares in the last quarter. First Command Advisory Services Inc. lifted its position 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 buying an additional 642 shares in the last quarter. Kestra Private Wealth Services LLC boosted its stake in 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 buying an additional 694 shares during the last quarter. Opulen Financial Group LLC boosted its stake in 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 buying an additional 806 shares during the last quarter. Finally, Jacobi Capital Management LLC boosted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 10.5% during the fourth quarter. Jacobi Capital Management LLC now owns 13,832 shares of the company’s stock valued at $291,000 after buying an additional 1,312 shares during the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Company Profile

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.