Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw unusually-high trading volume on Monday . Approximately 94,400 shares were traded during mid-day trading, a decline of 27% from the previous session’s volume of 128,465 shares.The stock last traded at $20.46 and had previously closed at $20.25.

Invesco BulletShares 2032 Corporate Bond ETF Trading Down 0.3 %

The stock’s 50-day simple moving average is $20.60 and its 200-day simple moving average is $20.47.

Invesco BulletShares 2032 Corporate Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were paid a $0.0832 dividend. The ex-dividend date of this dividend was Monday, November 18th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in BSCW. G2 Capital Management LLC OH raised its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 1.3% in the second quarter. G2 Capital Management LLC OH now owns 61,610 shares of the company’s stock worth $1,233,000 after purchasing an additional 792 shares in the last quarter. Davis Capital Management grew its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 10.4% in the 3rd quarter. Davis Capital Management now owns 10,465 shares of the company’s stock worth $219,000 after buying an additional 985 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 3rd quarter worth about $25,000. Benjamin F. Edwards & Company Inc. lifted its position in Invesco BulletShares 2032 Corporate Bond ETF by 39.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 8,053 shares of the company’s stock valued at $161,000 after acquiring an additional 2,282 shares during the period. Finally, Dover Advisors LLC boosted its stake in Invesco BulletShares 2032 Corporate Bond ETF by 17.6% during the second quarter. Dover Advisors LLC now owns 16,357 shares of the company’s stock worth $327,000 after acquiring an additional 2,448 shares in the last quarter.

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.