SFE Investment Counsel Increases Stake in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

SFE Investment Counsel boosted its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 26.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 265,220 shares of the company’s stock after buying an additional 55,402 shares during the period. SFE Investment Counsel’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $4,960,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Hager Investment Management Services LLC purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF during the first quarter worth $30,000. Angeles Wealth Management LLC purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF in the second quarter valued at $39,000. BankPlus Trust Department acquired a new position in Invesco BulletShares 2029 Corporate Bond ETF during the 2nd quarter worth $48,000. IFP Advisors Inc increased its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 175.7% during 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 during the period. Finally, Berkshire Money Management Inc. acquired a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the 2nd quarter valued at about $51,000.

Invesco BulletShares 2029 Corporate Bond ETF Trading Up 0.1%

Shares of BSCT opened at $18.83 on Friday. The stock has a 50-day simple moving average of $18.85 and a 200-day simple moving average of $18.71. Invesco BulletShares 2029 Corporate Bond ETF has a 1 year low of $18.14 and a 1 year high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 24th. Investors of record on Monday, October 20th were paid a $0.0698 dividend. The ex-dividend date was Monday, October 20th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Invesco BulletShares 2029 Corporate Bond ETF 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.