Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sees Strong Trading Volume

Shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) saw an uptick in trading volume on Wednesday . 193,699 shares traded hands during trading, a decline of 36% from the previous session’s volume of 303,964 shares.The stock last traded at $17.96 and had previously closed at $17.92.

Invesco BulletShares 2029 Corporate Bond ETF Stock Up 0.3 %

The stock’s 50 day simple moving average is $18.22 and its 200 day simple moving average is $18.06.

Invesco BulletShares 2029 Corporate Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.0619 dividend. The ex-dividend date was Monday, March 18th. This represents a $0.74 dividend on an annualized basis and a yield of 4.13%.

Hedge Funds Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

A number of large investors have recently modified their holdings of the company. Avior Wealth Management LLC grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 2,883.4% during the fourth quarter. Avior Wealth Management LLC now owns 976,989 shares of the company’s stock valued at $18,118,000 after acquiring an additional 944,242 shares during the last quarter. Jane Street Group LLC raised its position in Invesco BulletShares 2029 Corporate Bond ETF by 2,006.7% in the 1st quarter. Jane Street Group LLC now owns 782,023 shares of the company’s stock worth $15,212,000 after purchasing an additional 744,902 shares during the period. Morgan Stanley lifted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 46.1% in the third quarter. Morgan Stanley now owns 2,065,336 shares of the company’s stock worth $36,195,000 after purchasing an additional 651,532 shares during the last quarter. Wells Fargo & Company MN boosted its position in Invesco BulletShares 2029 Corporate Bond ETF by 41.3% during the fourth quarter. Wells Fargo & Company MN now owns 1,291,587 shares of the company’s stock valued at $23,952,000 after buying an additional 377,277 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in Invesco BulletShares 2029 Corporate Bond ETF by 52.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 894,991 shares of the company’s stock valued at $16,598,000 after buying an additional 308,974 shares during the period.

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.