Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sets New 12-Month High at $18.73

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) hit a new 52-week high during trading on Tuesday . The stock traded as high as $18.73 and last traded at $18.72, with a volume of 251014 shares. The stock had previously closed at $18.67.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

The company has a 50 day simple moving average of $18.45 and a 200 day simple moving average of $18.26.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were paid a $0.075 dividend. The ex-dividend date was Monday, August 19th. This represents a $0.90 annualized dividend and a dividend yield of 4.81%. This is an increase from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BSCT. Strategic Financial Concepts LLC boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 1,247.6% in the second quarter. Strategic Financial Concepts LLC now owns 347,760 shares of the company’s stock valued at $63,000 after acquiring an additional 321,955 shares during the last quarter. Alaska Wealth Advisors boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 78.3% in the second quarter. Alaska Wealth Advisors now owns 3,515 shares of the company’s stock valued at $64,000 after acquiring an additional 1,544 shares during the last quarter. Westside Investment Management Inc. bought a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the first quarter valued at approximately $98,000. FAS Wealth Partners Inc. bought a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the first quarter valued at approximately $101,000. Finally, YHB Investment Advisors Inc. bought a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the first quarter valued at approximately $114,000.

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.