Exchange Capital Management Inc. Sells 25,420 Shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT)

Exchange Capital Management Inc. cut its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 12.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 173,852 shares of the company’s stock after selling 25,420 shares during the quarter. Exchange Capital Management Inc. owned 0.18% of Invesco BulletShares 2029 Corporate Bond ETF worth $3,188,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Invesco BulletShares 2029 Corporate Bond ETF in the 3rd quarter valued at approximately $26,000. FMR LLC acquired a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the third quarter worth $38,000. AdvisorNet Financial Inc acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter valued at about $54,000. American Institute for Advanced Investment Management LLP acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter valued at about $195,000. Finally, Creative Planning acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the third quarter valued at about $204,000.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2029 Corporate Bond ETF stock opened at $18.43 on Tuesday. Invesco BulletShares 2029 Corporate Bond ETF has a 52 week low of $17.84 and a 52 week high of $18.96. The stock has a 50 day moving average price of $18.35 and a two-hundred day moving average price of $18.52.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 28th. Shareholders of record on Monday, February 24th will be paid a $0.0671 dividend. The ex-dividend date of this dividend is Monday, February 24th.

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.