Invesco BulletShares 2026 Corporate Bond ETF Hits Record High
On a recent trading day, shares of the Invesco BulletShares 2026 Corporate Bond ETF, traded under the NASDAQ symbol BSCQ, soared to a new 52-week high, reaching $19.38 before finishing at a slightly lower price of $19.37. This upward movement occurred with 92,674 shares changing hands, a significant activity compared to its previous close of $19.32.
Price Performance Analysis
Investors tracking the ETF's performance would note that its 50-day moving average stands at $19.10, while the 200-day moving average hovers around $18.95, indicating a stable upward trend in its price.
Dividend Yield and Payments
The ETF recently declared a monthly dividend, rewarding investors with a payment of $0.0632 per share on December 22nd. Holders who were recorded on December 19th benefited from this dividend, which annualizes to $0.76 and secures a yield of 3.91%. The ex-dividend date was set for December 18th.
Investor Movements
Institutional investors and hedge funds have shown interest in BSCQ with recent buy and sell actions. Notable trades included JPMorgan Chase & Co., which established a new stake in the ETF during the fourth quarter valued at about $37,000. Various other investment firms, including Meitav Investment House Ltd. and Glass Jacobson Investment Advisors, also initiated positions in BSCQ in different quarters. Additionally, Nalls Sherbakoff Group LLC increased its holdings by 26.7%, now owning 4,004 shares valued at approximately $75,000. Meanwhile, BlackRock Inc. formed a new position in BSCQ in the first quarter, worth near $78,000.
About the ETF
The Invesco BulletShares 2026 Corporate Bond ETF is a fund that specializes in investment-grade fixed-income assets. Targeting bonds set to mature in 2026, the ETF is geared towards investors anticipating returns in that time frame, and it will dissolve in December 2026 to distribute its capital and proceeds back to the stakeholders.
Invesco, ETF, Record