Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP) Hits New 12-Month High – Time to Buy?

Invesco BulletShares 2025 Corporate Bond ETF (NASDAQ:BSCP)’s stock 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 Price Performance

The company has a 50-day moving average price of $20.66 and a 200-day moving average price of $20.62.

Invesco BulletShares 2025 Corporate Bond ETF Cuts Dividend

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

Hedge Funds Weigh In On Invesco BulletShares 2025 Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of BSCP. Ironwood Wealth Management LLC. boosted its stake in Invesco BulletShares 2025 Corporate Bond ETF by 3.2% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 431,929 shares of the company’s stock worth $8,833,000 after buying an additional 13,451 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco BulletShares 2025 Corporate Bond ETF by 51.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 721,089 shares of the company’s stock worth $14,746,000 after acquiring an additional 243,913 shares during the period. Renaissance Technologies LLC grew its holdings in Invesco BulletShares 2025 Corporate Bond ETF by 6.5% in the second quarter. Renaissance Technologies LLC now owns 1,162,900 shares of the company’s stock valued at $23,781,000 after purchasing an additional 70,600 shares during the period. G2 Capital Management LLC OH increased its position in Invesco BulletShares 2025 Corporate Bond ETF by 1.0% during the second quarter. G2 Capital Management LLC OH now owns 109,136 shares of the company’s stock worth $2,232,000 after purchasing an additional 1,079 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in Invesco BulletShares 2025 Corporate Bond ETF by 53.0% during the second quarter. Mercer Global Advisors Inc. ADV now owns 275,682 shares of the company’s stock worth $5,638,000 after purchasing an additional 95,513 shares during the last quarter.

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.