Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Sees Unusually-High Trading Volume – Still a Buy?

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw unusually-strong trading volume on Wednesday . Approximately 727,043 shares were traded during mid-day trading, an increase of 77% from the previous session’s volume of 410,643 shares.The stock last traded at $16.00 and had previously closed at $15.99.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

The company has a 50 day moving average of $16.19 and a 200 day moving average of $16.33.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.062 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in BSCV. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at $26,000. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 24.9% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 11,509 shares of the company’s stock valued at $184,000 after buying an additional 2,296 shares during the period. Benjamin Edwards Inc. acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter worth approximately $194,000. Gladstone Institutional Advisory LLC boosted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 34.1% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 14,625 shares of the company’s stock worth $244,000 after acquiring an additional 3,723 shares during the period. Finally, Ironwood Wealth Management LLC. raised its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 27.3% during the second quarter. Ironwood Wealth Management LLC. now owns 14,650 shares of the company’s stock valued at $234,000 after purchasing an additional 3,145 shares during the period.

About Invesco BulletShares 2031 Corporate Bond ETF

The Invesco BulletShares 2031 Corporate Bond ETF (BSCV) 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 2031. The fund will unwind in December 2031 and return capitals and proceeds to investors.