Straight Path Wealth Management Has $10.28 Million Position in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Straight Path Wealth Management raised its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 149.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 545,748 shares of the company’s stock after purchasing an additional 326,818 shares during the quarter. Invesco BulletShares 2029 Corporate Bond ETF accounts for about 2.8% of Straight Path Wealth Management’s portfolio, making the stock its 9th largest position. Straight Path Wealth Management owned about 0.38% of Invesco BulletShares 2029 Corporate Bond ETF worth $10,279,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of BSCT. PNC Financial Services Group Inc. bought a new position in Invesco BulletShares 2029 Corporate Bond ETF during the fourth quarter valued at $32,000. AlphaCore Capital LLC bought a new position in Invesco BulletShares 2029 Corporate Bond ETF during the fourth quarter valued at $34,000. IFP Advisors Inc lifted its position in Invesco BulletShares 2029 Corporate Bond ETF by 21.5% during the fourth quarter. IFP Advisors Inc now owns 3,114 shares of the company’s stock valued at $59,000 after purchasing an additional 551 shares during the last quarter. International Assets Investment Management LLC bought a new position in Invesco BulletShares 2029 Corporate Bond ETF during the fourth quarter valued at $60,000. Finally, JPL Wealth Management LLC bought a new position in Invesco BulletShares 2029 Corporate Bond ETF during the third quarter valued at $63,000.

Invesco BulletShares 2029 Corporate Bond ETF Trading Up 0.1%

BSCT stock opened at $18.60 on Friday. Invesco BulletShares 2029 Corporate Bond ETF has a 52 week low of $18.48 and a 52 week high of $18.97. The company has a fifty day simple moving average of $18.64 and a two-hundred day simple moving average of $18.76.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were given a dividend of $0.0717 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. This is a positive change from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, May 18th.

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.