Envestnet Asset Management Inc. Boosts Stock Holdings in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT)

Envestnet Asset Management Inc. increased its position in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 17.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,594,404 shares of the company’s stock after buying an additional 235,349 shares during the period. Envestnet Asset Management Inc.’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $29,241,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC acquired a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the third quarter worth about $38,000. AdvisorNet Financial Inc purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 4th quarter valued at about $54,000. United Community Bank acquired a new position in Invesco BulletShares 2029 Corporate Bond ETF in the 4th quarter worth about $101,000. OLD Point Trust & Financial Services N A purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF during the fourth quarter worth approximately $180,000. Finally, American Institute for Advanced Investment Management LLP acquired a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter valued at approximately $195,000.

Invesco BulletShares 2029 Corporate Bond ETF Stock Down 0.2 %

Shares of BSCT stock opened at $18.28 on Friday. Invesco BulletShares 2029 Corporate Bond ETF has a 1-year low of $17.84 and a 1-year high of $18.96. The stock has a 50 day simple moving average of $18.47 and a 200-day simple moving average of $18.46.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.0686 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco BulletShares 2029 Corporate Bond ETF’s previous dividend of $0.07.

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.