Newport Capital Group LLC Makes New $786,000 Investment in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Newport Capital Group LLC purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 41,800 shares of the company’s stock, valued at approximately $786,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in BSCT. Straight Path Wealth Management raised its stake in Invesco BulletShares 2029 Corporate Bond ETF by 32.5% in the 3rd quarter. Straight Path Wealth Management now owns 218,930 shares of the company’s stock worth $4,118,000 after acquiring an additional 53,638 shares during the last quarter. Jones Financial Companies Lllp grew its stake in Invesco BulletShares 2029 Corporate Bond ETF by 24.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 351,900 shares of the company’s stock valued at $6,609,000 after purchasing an additional 68,238 shares during the last quarter. GPM Growth Investors Inc. increased its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 29.1% in the third quarter. GPM Growth Investors Inc. now owns 700,361 shares of the company’s stock valued at $13,174,000 after purchasing an additional 157,931 shares during the period. Colonial Trust Advisors increased its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 19.0% in the third quarter. Colonial Trust Advisors now owns 315,523 shares of the company’s stock valued at $5,935,000 after purchasing an additional 50,474 shares during the period. Finally, VestGen Advisors LLC raised its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 16.8% in the second quarter. VestGen Advisors LLC now owns 261,888 shares of the company’s stock worth $4,918,000 after purchasing an additional 37,584 shares during the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCT opened at $18.74 on Wednesday. Invesco BulletShares 2029 Corporate Bond ETF has a 52-week low of $18.14 and a 52-week high of $18.97. The business has a 50-day moving average price of $18.85 and a 200-day moving average price of $18.85.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were given a dividend of $0.0674 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.