Motley Fool Wealth Management LLC Cuts Stake in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Motley Fool Wealth Management LLC reduced its position in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 9.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 639,859 shares of the company’s stock after selling 68,636 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $11,965,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of BSCT. Manchester Financial Inc. purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF in the second quarter worth $42,899,000. IMA Advisory Services Inc. purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF in the first quarter worth $19,759,000. LPL Financial LLC grew its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 25.5% in the first quarter. LPL Financial LLC now owns 3,751,130 shares of the company’s stock worth $69,508,000 after purchasing an additional 762,319 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 15.4% in the first quarter. Raymond James Financial Inc. now owns 4,032,214 shares of the company’s stock worth $74,717,000 after purchasing an additional 537,376 shares during the last quarter. Finally, Carrera Capital Advisors purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF in the second quarter worth $8,731,000.

Invesco BulletShares 2029 Corporate Bond ETF Stock Down 0.1%

NASDAQ BSCT opened at $18.87 on Tuesday. The firm’s fifty day simple moving average is $18.85 and its two-hundred day simple moving average is $18.68. Invesco BulletShares 2029 Corporate Bond ETF has a 12-month low of $18.14 and a 12-month high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 24th. Stockholders of record on Monday, October 20th were issued a dividend of $0.0698 per share. The ex-dividend date of this dividend was Monday, October 20th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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.