Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Sees Unusually-High Trading Volume – Should You Buy?

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) shares saw unusually-strong trading volume on Thursday . Approximately 473,360 shares changed hands during trading, an increase of 131% from the previous session’s volume of 205,154 shares.The stock last traded at $16.05 and had previously closed at $16.04.

Invesco BulletShares 2031 Corporate Bond ETF Trading Up 0.1 %

The stock’s 50-day moving average is $16.24 and its 200-day moving average is $16.33.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 23rd will be paid a $0.062 dividend. The ex-dividend date of this dividend is Monday, December 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sanctuary Advisors LLC raised its position in Invesco BulletShares 2031 Corporate Bond ETF by 31.6% in the third quarter. Sanctuary Advisors LLC now owns 321,040 shares of the company’s stock valued at $5,182,000 after purchasing an additional 77,131 shares during the period. MML Investors Services LLC grew its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 6.8% in the third quarter. MML Investors Services LLC now owns 59,932 shares of the company’s stock valued at $999,000 after buying an additional 3,796 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 58.0% during the 3rd quarter. Stifel Financial Corp now owns 55,162 shares of the company’s stock valued at $920,000 after buying an additional 20,241 shares during the period. Benjamin Edwards Inc. acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter worth approximately $194,000. Finally, Flow Traders U.S. LLC purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter worth approximately $1,296,000.

Invesco BulletShares 2031 Corporate Bond ETF Company Profile

The Invesco BulletShares 2031 Corporate Bond ETF (BSCV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade corporate bonds with effective maturities in 2031. The fund will unwind in December 2031 and return capitals and proceeds to investors.