Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Sees Unusually-High Trading Volume

Shares of Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) saw strong trading volume on Monday . 1,358,259 shares changed hands during trading, an increase of 356% from the previous session’s volume of 297,836 shares.The stock last traded at $18.80 and had previously closed at $18.99.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

The company has a 50 day moving average of $18.76 and a 200-day moving average of $18.96.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 27th. Shareholders of record on Tuesday, October 24th were paid a $0.0621 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 3.94%. This is a boost from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.01. The ex-dividend date was Monday, October 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. raised its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 26.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 12,900 shares of the company’s stock valued at $261,000 after purchasing an additional 2,708 shares in the last quarter. UBS Group AG raised its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 169.1% during the first quarter. UBS Group AG now owns 379,128 shares of the company’s stock valued at $7,662,000 after purchasing an additional 238,242 shares in the last quarter. IHT Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the first quarter valued at about $933,000. Captrust Financial Advisors raised its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 146.8% during the first quarter. Captrust Financial Advisors now owns 6,200 shares of the company’s stock valued at $125,000 after purchasing an additional 3,688 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 508.1% during the first quarter. Jane Street Group LLC now owns 1,348,717 shares of the company’s stock valued at $27,258,000 after purchasing an additional 1,126,924 shares in the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors.