Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sees Strong Trading Volume – Time to Buy?

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) shares saw an uptick in trading volume on Friday . 1,798,323 shares traded hands during mid-day trading, an increase of 245% from the previous session’s volume of 521,801 shares.The stock last traded at $18.8660 and had previously closed at $18.89.

Invesco BulletShares 2029 Corporate Bond ETF Trading Down 0.1%

The company’s fifty day moving average is $18.84 and its two-hundred day moving average is $18.77.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Monday, November 24th were paid a dividend of $0.0695 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Monday, November 24th.

Institutional Investors Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Several hedge funds have recently modified their holdings of BSCT. Angeles Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the second quarter worth $39,000. CX Institutional purchased a new stake in Invesco BulletShares 2029 Corporate Bond ETF during the 3rd quarter worth $45,000. BankPlus Trust Department acquired a new position in Invesco BulletShares 2029 Corporate Bond ETF in the 2nd quarter worth $48,000. IFP Advisors Inc boosted its position in Invesco BulletShares 2029 Corporate Bond ETF by 175.7% in the 2nd quarter. IFP Advisors Inc now owns 2,550 shares of the company’s stock valued at $48,000 after buying an additional 1,625 shares during the last quarter. Finally, OLD Second National Bank of Aurora purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF in the 3rd quarter valued at about $50,000.

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.