Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Reaches New 52-Week Low – Here’s Why

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY)’s share price hit a new 52-week low on Monday . The company traded as low as $20.24 and last traded at $20.24, with a volume of 6166 shares trading hands. The stock had previously closed at $20.27.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

The firm’s fifty day moving average price is $20.45 and its 200-day moving average price is $20.69.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a dividend of $0.092 per share. The ex-dividend date was Monday, August 24th. This is an increase from Invesco BulletShares 2034 Corporate Bond ETF’s previous dividend of $0.08.

Hedge Funds Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Aptus Capital Advisors LLC bought a new position in Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter worth $36,534,000. Truist Financial Corp boosted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 402.1% during the 4th quarter. Truist Financial Corp now owns 87,951 shares of the company’s stock worth $1,849,000 after buying an additional 70,434 shares in the last quarter. LeClair Wealth Partners LLC acquired a new stake in Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter worth $2,377,000. Clark Asset Management LLC grew its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 24.0% in the 1st quarter. Clark Asset Management LLC now owns 323,095 shares of the company’s stock valued at $6,687,000 after buying an additional 62,601 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new stake in Invesco BulletShares 2034 Corporate Bond ETF in the first quarter valued at approximately $5,362,000.

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.