Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sees Large Volume Increase – Here’s What Happened

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) saw unusually-high trading volume on Friday . Approximately 1,524,506 shares changed hands during trading, an increase of 337% from the previous session’s volume of 348,600 shares.The stock last traded at $18.38 and had previously closed at $18.42.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

The business has a 50-day moving average price of $18.72 and a two-hundred day moving average price of $18.41.

Invesco BulletShares 2029 Corporate Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were given a dividend of $0.069 per share. This represents a $0.83 dividend on an annualized basis and a dividend yield of 4.50%. The ex-dividend date of this dividend was Monday, October 21st.

Hedge Funds Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Large investors have recently bought and sold shares of the business. Kohmann Bosshard Financial Services LLC increased its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 16.0% in the third quarter. Kohmann Bosshard Financial Services LLC now owns 39,267 shares of the company’s stock valued at $739,000 after buying an additional 5,420 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF in the second quarter valued at $967,000. RiverFront Investment Group LLC increased 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 buying an additional 66,871 shares during the last quarter. Truist Financial Corp increased its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 32.5% in the second quarter. Truist Financial Corp now owns 68,877 shares of the company’s stock valued at $1,251,000 after buying an additional 16,900 shares during the last quarter. Finally, Comerica Bank increased its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 261.9% in the first quarter. Comerica Bank now owns 13,616 shares of the company’s stock valued at $249,000 after buying an additional 9,854 shares during the last quarter.

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.