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

Shares of Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw strong trading volume on Wednesday . 2,610,340 shares changed hands during mid-day trading, an increase of 742% from the previous session’s volume of 309,960 shares.The stock last traded at $16.54 and had previously closed at $16.53.

Invesco BulletShares 2030 Corporate Bond ETF Trading Down 0.9 %

The stock’s fifty day moving average is $16.57 and its 200 day moving average is $16.61.

Invesco BulletShares 2030 Corporate Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were issued a dividend of $0.0652 per share. The ex-dividend date of this dividend was Monday, November 18th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in BSCU. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 3rd quarter worth approximately $26,000. FMR LLC boosted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 170,500.0% in the 3rd quarter. FMR LLC now owns 1,706 shares of the company’s stock worth $29,000 after purchasing an additional 1,705 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1,118.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 350,911 shares of the company’s stock worth $57,000 after purchasing an additional 322,113 shares in the last quarter. Key Financial Inc bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 2nd quarter worth approximately $73,000. Finally, Larson Financial Group LLC bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 2nd quarter worth approximately $114,000.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

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.