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

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) shares saw an uptick in trading volume on Monday . 576,966 shares traded hands during mid-day trading, an increase of 142% from the previous session’s volume of 238,661 shares.The stock last traded at $20.13 and had previously closed at $20.14.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

The company’s 50 day moving average is $20.21 and its 200 day moving average is $20.49.

Invesco BulletShares 2032 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were given a dividend of $0.0812 per share. The ex-dividend date of this dividend was Tuesday, January 21st.

Hedge Funds Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSCW. Raymond James & Associates increased its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 27.2% in the third quarter. Raymond James & Associates now owns 1,660,773 shares of the company’s stock valued at $34,826,000 after buying an additional 355,160 shares during the period. Sanctuary Advisors LLC acquired a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the 2nd quarter valued at approximately $822,000. Wealth Enhancement Advisory Services LLC increased its position in Invesco BulletShares 2032 Corporate Bond ETF by 13.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 24,119 shares of the company’s stock valued at $506,000 after purchasing an additional 2,813 shares during the period. Kaye Capital Management bought a new position in Invesco BulletShares 2032 Corporate Bond ETF during the 3rd quarter worth approximately $261,000. Finally, Captrust Financial Advisors acquired a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 3rd quarter worth approximately $335,000.

About Invesco BulletShares 2032 Corporate Bond ETF

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.