Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) Hits New 52-Week High – Here’s Why

Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $20.71 and last traded at $20.70, with a volume of 501642 shares trading hands. The stock had previously closed at $20.69.

Invesco BulletShares 2025 Corporate Bond ETF Stock Performance

The business has a 50 day moving average of $20.66 and a two-hundred day moving average of $20.62.

Invesco BulletShares 2025 Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.0697 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Trading of Invesco BulletShares 2025 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of BSCP. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in shares of Invesco BulletShares 2025 Corporate Bond ETF during the third quarter valued at about $26,000. Wilmington Savings Fund Society FSB bought a new stake in Invesco BulletShares 2025 Corporate Bond ETF during the 3rd quarter worth approximately $31,000. Creative Financial Designs Inc. ADV bought a new stake in Invesco BulletShares 2025 Corporate Bond ETF during the 3rd quarter worth approximately $43,000. Northwest Investment Counselors LLC purchased a new stake in shares of Invesco BulletShares 2025 Corporate Bond ETF in the third quarter worth approximately $46,000. Finally, BNP Paribas Financial Markets bought a new position in shares of Invesco BulletShares 2025 Corporate Bond ETF in the third quarter valued at approximately $211,000.

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.