Sowell Financial Services LLC Makes New $688,000 Investment in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Sowell Financial Services LLC bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 37,806 shares of the company’s stock, valued at approximately $688,000.

Other institutional investors also recently modified their holdings of the company. Avior Wealth Management LLC bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 3rd quarter valued at $44,589,000. Anchor Investment Management LLC raised its position in Invesco BulletShares 2029 Corporate Bond ETF by 3,204.2% in the first quarter. Anchor Investment Management LLC now owns 1,139,118 shares of the company’s stock valued at $21,256,000 after purchasing an additional 1,104,643 shares during the last quarter. Bank of America Corp DE raised its position in Invesco BulletShares 2029 Corporate Bond ETF by 32.0% in the first quarter. Bank of America Corp DE now owns 3,487,306 shares of the company’s stock valued at $65,073,000 after purchasing an additional 845,134 shares during the last quarter. Kirr Marbach & Co. LLC IN bought a new position in Invesco BulletShares 2029 Corporate Bond ETF in the third quarter valued at about $13,275,000. Finally, Cvfg LLC acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF during the first quarter valued at about $10,463,000.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

Shares of BSCT stock opened at $18.28 on Friday. The business’s 50-day moving average price is $18.35 and its 200-day moving average price is $18.51. Invesco BulletShares 2029 Corporate Bond ETF has a 12 month low of $18.16 and a 12 month high of $18.94.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were issued a $0.0703 dividend. This is a boost from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.0688. The ex-dividend date was Monday, October 19th. This represents a $0.84 dividend on an annualized basis and a yield of 4.6%.

Invesco BulletShares 2029 Corporate Bond ETF 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.