Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Unusually-High Trading Volume – Should You Buy?

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) shares saw unusually-strong trading volume on Thursday . Approximately 858,032 shares changed hands during mid-day trading, an increase of 157% from the previous session’s volume of 333,302 shares.The stock last traded at $16.35 and had previously closed at $16.33.

Invesco BulletShares 2030 Corporate Bond ETF Stock Up 0.1 %

The company’s 50 day simple moving average is $16.52 and its two-hundred day simple moving average is $16.61.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 23rd will be paid a dividend of $0.0637 per share. The ex-dividend date is Monday, December 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the third quarter valued at about $26,000. FMR LLC raised its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 170,500.0% in the third quarter. FMR LLC now owns 1,706 shares of the company’s stock worth $29,000 after buying an additional 1,705 shares during the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1,118.5% during the second quarter. Strategic Financial Concepts LLC now owns 350,911 shares of the company’s stock worth $57,000 after buying an additional 322,113 shares during the period. Key Financial Inc purchased a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the second quarter valued at $73,000. Finally, Larson Financial Group LLC acquired a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 2nd quarter valued at $114,000.

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.