Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sees Unusually-High Trading Volume

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) shares saw an uptick in trading volume on Wednesday . 397,574 shares traded hands during trading, an increase of 29% from the previous session’s volume of 308,951 shares.The stock last traded at $18.76 and had previously closed at $18.72.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

The firm’s 50-day moving average is $18.49 and its two-hundred day moving average is $18.27.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 19th were issued a dividend of $0.075 per share. The ex-dividend date of this dividend was Monday, August 19th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.78%. This is a boost from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07.

Institutional Trading of Invesco BulletShares 2029 Corporate Bond ETF

Large investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 52.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 894,991 shares of the company’s stock worth $16,598,000 after purchasing an additional 308,974 shares during the last quarter. MONECO Advisors LLC boosted its position in Invesco BulletShares 2029 Corporate Bond ETF by 123.8% during the fourth quarter. MONECO Advisors LLC now owns 47,799 shares of the company’s stock worth $886,000 after acquiring an additional 26,441 shares during the last quarter. Comerica Bank boosted its position in Invesco BulletShares 2029 Corporate Bond ETF by 261.9% during the first quarter. Comerica Bank now owns 13,616 shares of the company’s stock worth $249,000 after acquiring an additional 9,854 shares during the last quarter. Raymond James & Associates grew its stake in Invesco BulletShares 2029 Corporate Bond ETF by 96.3% during the 2nd quarter. Raymond James & Associates now owns 1,491,090 shares of the company’s stock valued at $27,078,000 after acquiring an additional 731,566 shares in the last quarter. Finally, &PARTNERS acquired a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the 2nd quarter valued at about $462,000.

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.