Red Spruce Capital LLC Acquires 11,067 Shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT)

Red Spruce Capital LLC increased its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 28.2% during the third quarter, HoldingsChannel reports. The firm owned 50,348 shares of the company’s stock after buying an additional 11,067 shares during the period. Red Spruce Capital LLC’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Monterey Private Wealth Inc. bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the third quarter valued at $259,000. Kades & Cheifetz LLC lifted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 32.3% in the third quarter. Kades & Cheifetz LLC now owns 16,660 shares of the company’s stock valued at $313,000 after acquiring an additional 4,066 shares during the period. Sanctuary Advisors LLC bought a new position in Invesco BulletShares 2029 Corporate Bond ETF in the second quarter valued at about $967,000. RiverFront Investment Group LLC lifted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 9.9% in the second quarter. RiverFront Investment Group LLC now owns 739,382 shares of the company’s stock valued at $13,427,000 after acquiring an additional 66,871 shares during the period. Finally, Souders Financial Advisors lifted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 5.2% in the second quarter. Souders Financial Advisors now owns 150,062 shares of the company’s stock valued at $2,725,000 after acquiring an additional 7,355 shares during the period.

Invesco BulletShares 2029 Corporate Bond ETF Stock Down 0.5 %

BSCT stock traded down $0.10 during trading on Friday, reaching $18.68. The stock had a trading volume of 372,940 shares, compared to its average volume of 326,920. Invesco BulletShares 2029 Corporate Bond ETF has a 52 week low of $17.18 and a 52 week high of $18.96. The stock’s 50 day moving average is $18.72 and its two-hundred day moving average is $18.36.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.069 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date of this dividend was Monday, September 23rd.

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.