Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sets New 12-Month Low – Here’s What Happened

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as $18.28 and last traded at $18.28, with a volume of 426815 shares traded. The stock had previously closed at $18.35.

Invesco BulletShares 2029 Corporate Bond ETF Trading Down 0.3%

The business’s 50-day simple moving average is $18.47 and its 200-day simple moving average is $18.58.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 21st will be paid a dividend of $0.0688 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Monday, September 21st.

Hedge Funds Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Large investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 7.0% in the second quarter. Envestnet Asset Management Inc. now owns 2,274,983 shares of the company’s stock valued at $42,258,000 after acquiring an additional 147,973 shares during the last quarter. Anchor Investment Management LLC raised its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 9.2% during the 2nd quarter. Anchor Investment Management LLC now owns 1,243,500 shares of the company’s stock valued at $23,098,000 after acquiring an additional 104,382 shares during the last quarter. Van Hulzen Asset Management LLC bought a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 2nd quarter valued at $187,000. Insight Wealth Partners LLC lifted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 2.8% in the 2nd quarter. Insight Wealth Partners LLC now owns 29,677 shares of the company’s stock valued at $551,000 after purchasing an additional 802 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 17.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 160,831 shares of the company’s stock valued at $2,987,000 after purchasing an additional 24,034 shares during the period.

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.