Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) Sees Strong Trading Volume – Still a Buy?

Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) saw unusually-strong trading volume on Wednesday . Approximately 6,230,354 shares changed hands during trading, an increase of 624% from the previous session’s volume of 860,248 shares.The stock last traded at $20.65 and had previously closed at $20.64.

Invesco BulletShares 2025 Corporate Bond ETF Stock Performance

The company has a 50-day simple moving average of $20.62 and a 200-day simple moving average of $20.52.

Invesco BulletShares 2025 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.069 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.83 annualized dividend and a dividend yield of 4.01%.

Hedge Funds Weigh In On Invesco BulletShares 2025 Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Hobbs Group Advisors LLC acquired a new stake in Invesco BulletShares 2025 Corporate Bond ETF in the fourth quarter worth about $1,515,000. Voisard Asset Management Group Inc. acquired a new position in Invesco BulletShares 2025 Corporate Bond ETF during the 4th quarter worth $661,000. GLOBALT Investments LLC GA bought a new position in Invesco BulletShares 2025 Corporate Bond ETF during the fourth quarter worth $1,297,000. Vima LLC acquired a new position in Invesco BulletShares 2025 Corporate Bond ETF in the 4th quarter valued at approximately $28,000. Finally, True Vision MN LLC bought a new position in shares of Invesco BulletShares 2025 Corporate Bond ETF during the 4th quarter worth about $1,169,000.

About Invesco BulletShares 2025 Corporate Bond ETF

The Invesco Bulletshares 2025 Corporate Bond ETF (BSCP) 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 2025. The fund will unwind in December 2025 and return capital and proceeds to investors.