Invesco BulletShares 2029 Corporate Bond ETF $BSCT Position Lifted by Moneco Advisors LLC

Moneco Advisors LLC raised its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 7.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 1,553,739 shares of the company’s stock after acquiring an additional 101,718 shares during the quarter. Invesco BulletShares 2029 Corporate Bond ETF comprises approximately 1.6% of Moneco Advisors LLC’s portfolio, making the stock its 13th biggest holding. Moneco Advisors LLC’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $28,278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of BSCT. Lido Advisors LLC purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 3rd quarter worth $102,179,000. Bank of America Corp DE lifted its position in Invesco BulletShares 2029 Corporate Bond ETF by 32.0% during the first quarter. Bank of America Corp DE now owns 3,487,306 shares of the company’s stock valued at $65,073,000 after purchasing an additional 845,134 shares in the last quarter. Avior Wealth Management LLC purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF during the third quarter valued at $44,589,000. Royal Bank of Canada lifted its position in Invesco BulletShares 2029 Corporate Bond ETF by 13.4% during the first quarter. Royal Bank of Canada now owns 2,445,163 shares of the company’s stock valued at $45,627,000 after purchasing an additional 289,430 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 7.0% during the second quarter. Envestnet Asset Management Inc. now owns 2,274,983 shares of the company’s stock valued at $42,258,000 after purchasing an additional 147,973 shares during the period.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

NASDAQ:BSCT opened at $18.31 on Wednesday. The stock has a 50-day simple moving average of $18.30 and a two-hundred day simple moving average of $18.57. Invesco BulletShares 2029 Corporate Bond ETF has a 52-week low of $18.16 and a 52-week high of $18.94.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were issued a dividend of $0.0703 per share. This is an increase from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.0688. This represents a $0.84 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Monday, October 19th.

Invesco BulletShares 2029 Corporate Bond ETF Company 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.