Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Strong Trading Volume – What’s Next?

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) shares saw unusually-high trading volume on Tuesday . Approximately 620,422 shares were traded during trading, an increase of 115% from the previous session’s volume of 288,164 shares.The stock last traded at $16.75 and had previously closed at $16.74.

Invesco BulletShares 2030 Corporate Bond ETF Trading Up 0.1 %

The company has a 50-day moving average price of $16.85 and a 200-day moving average price of $16.47.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a $0.061 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.73 dividend on an annualized basis and a dividend yield of 4.37%.

Institutional Trading of Invesco BulletShares 2030 Corporate Bond ETF

A number of large investors have recently made changes to their positions in BSCU. Aptus Capital Advisors LLC lifted its position in Invesco BulletShares 2030 Corporate Bond ETF by 33.5% during the 2nd quarter. Aptus Capital Advisors LLC now owns 2,434,089 shares of the company’s stock worth $39,578,000 after acquiring an additional 610,231 shares during the period. Raymond James & Associates lifted its position in Invesco BulletShares 2030 Corporate Bond ETF by 143.9% during the 2nd quarter. Raymond James & Associates now owns 1,934,521 shares of the company’s stock worth $31,455,000 after acquiring an additional 1,141,238 shares during the period. Eastern Bank lifted its position 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 period. Tlwm lifted its position in Invesco BulletShares 2030 Corporate Bond ETF by 3.9% during the 3rd quarter. Tlwm now owns 1,468,501 shares of the company’s stock worth $24,891,000 after acquiring an additional 55,549 shares during the period. Finally, Atlantic Union Bankshares Corp lifted its position in Invesco BulletShares 2030 Corporate Bond ETF by 21.4% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 1,200,323 shares of the company’s stock worth $19,516,000 after acquiring an additional 211,826 shares during the period.

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.