Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sets New 52-Week Low – What’s Next?

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $18.48 and last traded at $18.49, with a volume of 216694 shares changing hands. The stock had previously closed at $18.58.

Invesco BulletShares 2029 Corporate Bond ETF Trading Down 0.5%

The company’s fifty day moving average price is $18.58 and its 200 day moving average price is $18.71.

Invesco BulletShares 2029 Corporate Bond ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.0703 per share. The ex-dividend date was Monday, June 22nd.

Institutional Investors Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. ORG Partners LLC grew its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 4.5% during the fourth quarter. ORG Partners LLC now owns 12,483 shares of the company’s stock valued at $235,000 after buying an additional 540 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 5.0% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 11,403 shares of the company’s stock worth $215,000 after acquiring an additional 541 shares during the last quarter. IFP Advisors Inc raised its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 21.5% in the 4th quarter. IFP Advisors Inc now owns 3,114 shares of the company’s stock worth $59,000 after acquiring an additional 551 shares during the last quarter. Aspen Investment Management Inc lifted its position in Invesco BulletShares 2029 Corporate Bond ETF by 0.4% in the 1st quarter. Aspen Investment Management Inc now owns 151,230 shares of the company’s stock valued at $2,822,000 after acquiring an additional 575 shares in the last quarter. Finally, Waverly Advisors LLC lifted its position in Invesco BulletShares 2029 Corporate Bond ETF by 2.4% in the 1st quarter. Waverly Advisors LLC now owns 25,868 shares of the company’s stock valued at $483,000 after acquiring an additional 611 shares in 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.