Thrivent Financial for Lutherans Invests $10.55 Million in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Thrivent Financial for Lutherans purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 560,124 shares of the company’s stock, valued at approximately $10,550,000.

A number of other hedge funds have also recently made changes to their positions in BSCT. Jane Street Group LLC bought a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 1st quarter worth approximately $8,555,000. JPMorgan Chase & Co. boosted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 200.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 268,490 shares of the company’s stock worth $5,021,000 after purchasing an additional 179,107 shares in the last quarter. Invesco Ltd. boosted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 18.5% in the 2nd quarter. Invesco Ltd. now owns 2,536,166 shares of the company’s stock worth $47,426,000 after purchasing an additional 395,428 shares in the last quarter. Brown Advisory Inc. bought a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 2nd quarter worth approximately $303,000. Finally, Raymond James Financial Inc. boosted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 9.2% in the 2nd quarter. Raymond James Financial Inc. now owns 4,403,485 shares of the company’s stock worth $82,345,000 after purchasing an additional 371,271 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Down 0.1%

BSCT stock opened at $18.50 on Wednesday. Invesco BulletShares 2029 Corporate Bond ETF has a 12-month low of $18.42 and a 12-month high of $18.97. The stock’s 50 day simple moving average is $18.67 and its 200 day simple moving average is $18.78.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 18th will be given a $0.0717 dividend. This is a boost from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Monday, May 18th. This represents a c) annualized dividend and a yield of 4.7%.

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.