Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sets New 12-Month Low – Here’s What Happened

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCTGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $18.41 and last traded at $18.4040, with a volume of 25874 shares trading hands. The stock had previously closed at $18.44.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

The stock has a 50 day moving average price of $18.51 and a 200 day moving average price of $18.61.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were issued a dividend of $0.0702 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. This is a boost from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, August 24th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Coastline Complete Wealth LLC bought a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 4th quarter worth approximately $3,325,000. IMA Advisory Services Inc. grew its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 6.3% during the fourth quarter. IMA Advisory Services Inc. now owns 1,221,624 shares of the company’s stock valued at $23,009,000 after purchasing an additional 72,559 shares during the period. Lido Advisors LLC grew its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 5.0% during the fourth quarter. Lido Advisors LLC now owns 6,386,183 shares of the company’s stock valued at $120,139,000 after purchasing an additional 302,120 shares during the period. Goepper Burkhardt LLC increased its position in Invesco BulletShares 2029 Corporate Bond ETF by 5.7% in the first quarter. Goepper Burkhardt LLC now owns 663,826 shares of the company’s stock worth $12,387,000 after buying an additional 35,584 shares during the last quarter. Finally, Paradiem LLC purchased a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the first quarter worth $7,686,000.

About Invesco BulletShares 2029 Corporate Bond ETF

(Get Free Report)

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.

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