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 unusually-strong trading volume on Wednesday . Approximately 2,610,340 shares traded 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 Price Performance

The firm has a 50-day moving average of $16.57 and a 200-day moving average of $16.61.

Invesco BulletShares 2030 Corporate Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were given a $0.0652 dividend. The ex-dividend date was Monday, November 18th.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. Dover Advisors LLC increased its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1.5% in the 3rd quarter. Dover Advisors LLC now owns 53,106 shares of the company’s stock worth $900,000 after purchasing an additional 800 shares in the last quarter. G2 Capital Management LLC OH increased its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1.2% in the 3rd quarter. G2 Capital Management LLC OH now owns 87,487 shares of the company’s stock worth $1,483,000 after purchasing an additional 1,043 shares in the last quarter. Hills Bank & Trust Co increased its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 7.5% in the 3rd quarter. Hills Bank & Trust Co now owns 20,335 shares of the company’s stock worth $345,000 after purchasing an additional 1,421 shares in the last quarter. Sigma Investment Counselors Inc. increased its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 6.9% in the 3rd quarter. Sigma Investment Counselors Inc. now owns 23,586 shares of the company’s stock worth $400,000 after purchasing an additional 1,525 shares in the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 3rd quarter worth $26,000.

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.