Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Reaches New 52-Week High – Should You Buy?

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $20.07 and last traded at $20.07, with a volume of 401 shares trading hands. The stock had previously closed at $19.55.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

The company has a 50-day simple moving average of $19.65 and a 200-day simple moving average of $19.44.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were given a dividend of $0.07 per share. The ex-dividend date was Monday, October 21st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.30%. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Kades & Cheifetz LLC raised its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 25.7% during the third quarter. Kades & Cheifetz LLC now owns 28,849 shares of the company’s stock worth $569,000 after acquiring an additional 5,896 shares during the last quarter. Sax Wealth Advisors LLC raised its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 60.4% during the third quarter. Sax Wealth Advisors LLC now owns 24,802 shares of the company’s stock worth $489,000 after acquiring an additional 9,337 shares during the last quarter. Certified Advisory Corp bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the second quarter worth $297,000. Sensible Money LLC raised its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 4.8% during the third quarter. Sensible Money LLC now owns 22,358 shares of the company’s stock worth $441,000 after acquiring an additional 1,019 shares during the last quarter. Finally, Strategic Financial Concepts LLC raised its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 1,353.7% during the second quarter. Strategic Financial Concepts LLC now owns 376,503 shares of the company’s stock worth $72,000 after acquiring an additional 350,603 shares during the last quarter.

About Invesco BulletShares 2027 Corporate Bond ETF

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.