Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Large Volume Increase – Here’s Why

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw an uptick in trading volume on Thursday . 858,032 shares were traded during mid-day trading, an increase of 157% from the previous session’s volume of 333,302 shares.The stock last traded at $16.35 and had previously closed at $16.33.

Invesco BulletShares 2030 Corporate Bond ETF Trading Up 0.1 %

The stock has a fifty day moving average of $16.52 and a 200 day moving average of $16.61.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 23rd will be issued a $0.0637 dividend. The ex-dividend date of this dividend is Monday, December 23rd.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in BSCU. Dover Advisors LLC grew its position in Invesco BulletShares 2030 Corporate Bond ETF by 1.5% during the 3rd quarter. Dover Advisors LLC now owns 53,106 shares of the company’s stock worth $900,000 after purchasing an additional 800 shares during the period. G2 Capital Management LLC OH boosted its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1.2% in the third quarter. G2 Capital Management LLC OH now owns 87,487 shares of the company’s stock worth $1,483,000 after buying an additional 1,043 shares during the last quarter. Hills Bank & Trust Co grew its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 7.5% during the third quarter. Hills Bank & Trust Co now owns 20,335 shares of the company’s stock worth $345,000 after acquiring an additional 1,421 shares during the period. Sigma Investment Counselors Inc. raised its position in Invesco BulletShares 2030 Corporate Bond ETF by 6.9% during the third quarter. Sigma Investment Counselors Inc. now owns 23,586 shares of the company’s stock valued at $400,000 after acquiring an additional 1,525 shares in the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Invesco BulletShares 2030 Corporate Bond ETF in the third quarter valued at approximately $26,000.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

The Invesco BulletShares 2030 Corporate Bond ETF (BSCU) 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 2030. BSCU was launched on Sep 16, 2020 and is managed by Invesco.