Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sets New 1-Year Low – Here’s Why

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $18.48 and last traded at $18.49, with a volume of 216694 shares changing hands. The stock had previously closed at $18.58.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

The business has a 50-day moving average price of $18.58 and a 200-day moving average price of $18.70.

Invesco BulletShares 2029 Corporate Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 24th. Shareholders of record on Monday, July 20th will be given a dividend of $0.0701 per share. The ex-dividend date is Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Institutional Trading of Invesco BulletShares 2029 Corporate Bond ETF

Several institutional investors have recently modified their holdings of the stock. Butensky & Cohen Financial Security Inc. increased its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 4.0% during the second quarter. Butensky & Cohen Financial Security Inc. now owns 86,226 shares of the company’s stock worth $1,602,000 after purchasing an additional 3,341 shares in the last quarter. Whitener Capital Management Inc. lifted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 17.4% in the 2nd quarter. Whitener Capital Management Inc. now owns 64,924 shares of the company’s stock valued at $1,206,000 after buying an additional 9,619 shares in the last quarter. City Holding Co. purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF in the 2nd quarter valued at about $838,000. Wealthcare Advisory Partners LLC boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 49.7% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 22,563 shares of the company’s stock worth $419,000 after buying an additional 7,490 shares during the last quarter. Finally, Sax Wealth Advisors LLC boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 19.8% in the 2nd quarter. Sax Wealth Advisors LLC now owns 48,079 shares of the company’s stock worth $897,000 after buying an additional 7,963 shares during the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Company 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.