Motley Fool Wealth Management LLC Trims Position in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Motley Fool Wealth Management LLC lessened its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 12.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 541,528 shares of the company’s stock after selling 77,503 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $10,200,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in BSCT. Tlwm grew its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 6,742.1% during the 4th quarter. Tlwm now owns 1,464,068 shares of the company’s stock valued at $27,576,000 after buying an additional 1,442,670 shares in the last quarter. LPL Financial LLC grew its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 16.0% during the 4th quarter. LPL Financial LLC now owns 4,348,671 shares of the company’s stock valued at $81,907,000 after buying an additional 600,085 shares in the last quarter. Thrivent Financial for Lutherans purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF during the 4th quarter valued at about $10,550,000. Jane Street Group LLC purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF during the 1st quarter valued at about $8,555,000. Finally, UBS Group AG grew its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 19.4% during the 4th quarter. UBS Group AG now owns 2,638,426 shares of the company’s stock valued at $49,695,000 after buying an additional 427,905 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Up 0.1%

BSCT stock opened at $18.58 on Wednesday. Invesco BulletShares 2029 Corporate Bond ETF has a twelve month low of $18.48 and a twelve month high of $18.97. The stock has a 50-day simple moving average of $18.64 and a two-hundred day simple moving average of $18.76.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were issued a dividend of $0.0717 per share. The ex-dividend date of this dividend was Monday, May 18th. This is a positive change from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 4.6%.

Invesco BulletShares 2029 Corporate Bond ETF 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.