Freedom Investment Management Inc. Increases Stock Position in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT)

Freedom Investment Management Inc. increased its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 214.3% in the 4th quarter, Holdings Channel reports. The firm owned 39,708 shares of the company’s stock after buying an additional 27,076 shares during the period. Freedom Investment Management Inc.’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $728,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in Invesco BulletShares 2029 Corporate Bond ETF during the 4th quarter valued at $64,095,000. LPL Financial LLC lifted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 61.9% in the 4th quarter. LPL Financial LLC now owns 2,988,811 shares of the company’s stock worth $54,815,000 after purchasing an additional 1,142,817 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 31.4% in the 4th quarter. Wells Fargo & Company MN now owns 2,299,634 shares of the company’s stock worth $42,175,000 after purchasing an additional 549,179 shares during the period. Avior Wealth Management LLC boosted its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 12.1% in the fourth quarter. Avior Wealth Management LLC now owns 2,207,836 shares of the company’s stock worth $40,492,000 after buying an additional 238,406 shares during the last quarter. Finally, Hills Bank & Trust Co grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 143.0% during the fourth quarter. Hills Bank & Trust Co now owns 2,012,301 shares of the company’s stock valued at $36,906,000 after buying an additional 1,184,100 shares during the period.

Invesco BulletShares 2029 Corporate Bond ETF Trading Up 0.2 %

BSCT opened at $18.51 on Friday. The firm’s 50 day simple moving average is $18.47 and its two-hundred day simple moving average is $18.45. Invesco BulletShares 2029 Corporate Bond ETF has a 1-year low of $17.84 and a 1-year high of $18.96.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

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

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.