Laurel Wealth Advisors LLC Boosts Holdings in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Laurel Wealth Advisors LLC boosted its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 1,799.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 803,091 shares of the company’s stock after buying an additional 760,816 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $15,018,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Angeles Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 2nd quarter worth $39,000. BankPlus Trust Department purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 2nd quarter worth $48,000. IFP Advisors Inc increased its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 175.7% in the 2nd quarter. IFP Advisors Inc now owns 2,550 shares of the company’s stock worth $48,000 after purchasing an additional 1,625 shares in the last quarter. Berkshire Money Management Inc. bought a new position in Invesco BulletShares 2029 Corporate Bond ETF in the 2nd quarter worth $51,000. Finally, Optimum Investment Advisors purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF during the second quarter valued at $62,000.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

NASDAQ:BSCT opened at $18.86 on Thursday. The stock has a 50-day simple moving average of $18.84 and a two-hundred day simple moving average of $18.74. Invesco BulletShares 2029 Corporate Bond ETF has a 52-week low of $18.14 and a 52-week high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Monday, November 24th will be paid a dividend of $0.0695 per share. The ex-dividend date is Monday, November 24th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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.