Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Hits New 12-Month High at $18.73

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) hit a new 52-week high during trading on Tuesday . The company traded as high as $18.73 and last traded at $18.72, with a volume of 251014 shares trading hands. The stock had previously closed at $18.67.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

The firm has a 50 day moving average price of $18.48 and a two-hundred day moving average price of $18.27.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were paid a dividend of $0.075 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.78%. This is a positive change from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, August 19th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in BSCT. Truist Financial Corp bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter valued at approximately $248,000. Benjamin F. Edwards & Company Inc. grew its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 110.0% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 8,701 shares of the company’s stock valued at $161,000 after purchasing an additional 4,558 shares in the last quarter. Private Advisor Group LLC bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter worth $254,000. Janney Montgomery Scott LLC raised its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 52.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 894,991 shares of the company’s stock worth $16,598,000 after buying an additional 308,974 shares in the last quarter. Finally, Exchange Capital Management Inc. raised its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 16.6% in the fourth quarter. Exchange Capital Management Inc. now owns 121,610 shares of the company’s stock worth $2,255,000 after buying an additional 17,323 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 Corporate Bond ETF (BSCT) 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 2029. BSCT was launched on Sep 12, 2019 and is managed by Invesco.