Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sees Large Volume Increase – Here’s What Happened

Shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) saw unusually-strong trading volume on Thursday . Approximately 542,512 shares were traded during mid-day trading, a decline of 31% from the previous session’s volume of 782,991 shares.The stock last traded at $18.33 and had previously closed at $18.31.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

The firm has a 50 day moving average of $18.40 and a 200-day moving average of $18.52.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0707 per share. The ex-dividend date was Monday, December 23rd. This is a boost from Invesco BulletShares 2029 Corporate Bond ETF’s previous dividend of $0.07.

Hedge Funds Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSCT. Ironwood Wealth Management LLC. increased its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 12.0% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 110,779 shares of the company’s stock valued at $2,012,000 after acquiring an additional 11,839 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 4.7% in the second quarter. Envestnet Asset Management Inc. now owns 1,422,955 shares of the company’s stock worth $25,841,000 after purchasing an additional 64,450 shares during the last quarter. G2 Capital Management LLC OH lifted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 1.2% in the second quarter. G2 Capital Management LLC OH now owns 79,760 shares of the company’s stock worth $1,448,000 after buying an additional 934 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 23.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 10,980 shares of the company’s stock valued at $199,000 after buying an additional 2,087 shares during the last quarter. Finally, Goepper Burkhardt LLC grew its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 2.7% during the 2nd quarter. Goepper Burkhardt LLC now owns 278,650 shares of the company’s stock valued at $5,060,000 after buying an additional 7,300 shares in the last quarter.

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.