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

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) shares saw strong trading volume on Friday . 1,524,506 shares traded 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 Trading Down 0.2 %

The company has a 50 day simple moving average of $18.72 and a 200 day simple moving average of $18.41.

Invesco BulletShares 2029 Corporate Bond ETF Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BSCT. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 3rd quarter worth approximately $26,000. Strategic Financial Concepts LLC lifted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 1,247.6% in the second quarter. Strategic Financial Concepts LLC now owns 347,760 shares of the company’s stock valued at $63,000 after acquiring an additional 321,955 shares during the last quarter. Alaska Wealth Advisors lifted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 78.3% in the second quarter. Alaska Wealth Advisors now owns 3,515 shares of the company’s stock valued at $64,000 after acquiring an additional 1,544 shares during the last quarter. Westside Investment Management Inc. lifted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 15.4% in the second quarter. Westside Investment Management Inc. now owns 6,208 shares of the company’s stock valued at $113,000 after acquiring an additional 828 shares during the last quarter. Finally, Larson Financial Group LLC acquired a new position in Invesco BulletShares 2029 Corporate Bond ETF in the second quarter valued at approximately $134,000.

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.