Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Unusually-High Trading Volume – Here’s Why

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw strong trading volume on Wednesday . 2,610,340 shares were traded during trading, an increase of 742% from the previous session’s volume of 309,960 shares.The stock last traded at $16.54 and had previously closed at $16.53.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

The business has a 50-day simple moving average of $16.56 and a two-hundred day simple moving average of $16.61.

Invesco BulletShares 2030 Corporate Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were paid a $0.0652 dividend. The ex-dividend date was Monday, November 18th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BCS Wealth Management lifted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 49.6% in the third quarter. BCS Wealth Management now owns 189,688 shares of the company’s stock valued at $3,215,000 after purchasing an additional 62,898 shares in the last quarter. Private Advisor Group LLC lifted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 8.7% in the 3rd quarter. Private Advisor Group LLC now owns 209,996 shares of the company’s stock valued at $3,559,000 after buying an additional 16,813 shares in the last quarter. G2 Capital Management LLC OH grew its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 1.2% during the 2nd quarter. G2 Capital Management LLC OH now owns 86,444 shares of the company’s stock valued at $1,406,000 after buying an additional 1,061 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Invesco BulletShares 2030 Corporate Bond ETF by 11.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,068,532 shares of the company’s stock worth $17,374,000 after buying an additional 109,921 shares in the last quarter. Finally, Independence Bank of Kentucky raised its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 57.0% in the second quarter. Independence Bank of Kentucky now owns 53,662 shares of the company’s stock worth $873,000 after acquiring an additional 19,491 shares during 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.