Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Unusually-High Trading Volume

Shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw unusually-high trading volume on Friday . Approximately 465,443 shares traded hands during mid-day trading, an increase of 64% from the previous session’s volume of 282,966 shares.The stock last traded at $17.00 and had previously closed at $17.02.

Invesco BulletShares 2030 Corporate Bond ETF Stock Up 0.1 %

The business’s 50 day moving average price is $16.73 and its 200-day moving average price is $16.42.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were issued a $0.071 dividend. The ex-dividend date of this dividend was Monday, August 19th. This is a boost from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a $0.85 dividend on an annualized basis and a dividend yield of 5.00%.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Several large investors have recently made changes to their positions in BSCU. Aptus Capital Advisors LLC increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 33.5% during the second quarter. Aptus Capital Advisors LLC now owns 2,434,089 shares of the company’s stock worth $39,578,000 after buying an additional 610,231 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 51.6% in the fourth quarter. Wells Fargo & Company MN now owns 2,029,857 shares of the company’s stock valued at $33,767,000 after buying an additional 690,888 shares in the last quarter. Raymond James & Associates raised its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 143.9% in the second quarter. Raymond James & Associates now owns 1,934,521 shares of the company’s stock valued at $31,455,000 after buying an additional 1,141,238 shares during the last quarter. Eastern Bank grew its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 1.4% during the 2nd quarter. Eastern Bank now owns 1,879,680 shares of the company’s stock worth $30,564,000 after acquiring an additional 25,623 shares during the last quarter. Finally, Tlwm lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 2.9% during the second quarter. Tlwm now owns 1,412,952 shares of the company’s stock worth $22,975,000 after purchasing an additional 39,385 shares in the last quarter.

About Invesco BulletShares 2030 Corporate Bond ETF

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.