Straight Path Wealth Management Boosts Stock Holdings in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Straight Path Wealth Management lifted its stake in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 149.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 545,748 shares of the company’s stock after purchasing an additional 326,818 shares during the period. Invesco BulletShares 2029 Corporate Bond ETF comprises about 2.8% of Straight Path Wealth Management’s investment portfolio, making the stock its 9th largest position. Straight Path Wealth Management’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $10,279,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. PNC Financial Services Group Inc. bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter worth about $32,000. AlphaCore Capital LLC bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter worth about $34,000. IFP Advisors Inc grew its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 21.5% in the fourth quarter. IFP Advisors Inc now owns 3,114 shares of the company’s stock worth $59,000 after purchasing an additional 551 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter worth about $60,000. Finally, JPL Wealth Management LLC bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the third quarter worth about $63,000.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

NASDAQ BSCT opened at $18.60 on Friday. The company’s 50-day moving average price is $18.64 and its 200-day moving average price is $18.76. Invesco BulletShares 2029 Corporate Bond ETF has a 12 month low of $18.48 and a 12 month high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were issued a $0.0717 dividend. The ex-dividend date was Monday, May 18th. This is a boost from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.