Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Short Interest Update

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 53,400 shares, a decrease of 63.3% from the March 31st total of 145,700 shares. Based on an average daily volume of 303,500 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Several hedge funds have recently made changes to their positions in the business. Ancora Advisors LLC grew its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 301.8% in the 3rd quarter. Ancora Advisors LLC now owns 1,764 shares of the company’s stock valued at $31,000 after acquiring an additional 1,325 shares in the last quarter. Marquette Asset Management LLC acquired a new position in Invesco BulletShares 2029 Corporate Bond ETF during the fourth quarter valued at approximately $77,000. Tennessee Valley Asset Management Partners bought a new position in Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter valued at approximately $78,000. Westside Investment Management Inc. acquired a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 1st quarter worth approximately $98,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 63.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 6,351 shares of the company’s stock worth $118,000 after purchasing an additional 2,468 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Down 0.1 %

Shares of BSCT stock traded down $0.02 on Thursday, hitting $17.89. 375,966 shares of the stock were exchanged, compared to its average volume of 301,000. Invesco BulletShares 2029 Corporate Bond ETF has a fifty-two week low of $17.18 and a fifty-two week high of $18.58. The business has a 50-day moving average of $18.17 and a 200 day moving average of $18.08.

Invesco BulletShares 2029 Corporate Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd will be given a dividend of $0.0685 per share. This represents a $0.82 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date of this dividend is Monday, April 22nd.

About Invesco BulletShares 2029 Corporate Bond ETF

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.