731,360 Shares in Invesco BulletShares 2029 Corporate Bond ETF $BSCT Purchased by Asset Dedication LLC

Asset Dedication LLC purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) in the third quarter, HoldingsChannel reports. The institutional investor purchased 731,360 shares of the company’s stock, valued at approximately $13,311,000. Invesco BulletShares 2029 Corporate Bond ETF makes up about 0.8% of Asset Dedication LLC’s holdings, making the stock its 15th biggest holding.

Several other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 163.0% in the third quarter. International Assets Investment Management LLC now owns 11,168 shares of the company’s stock worth $204,000 after buying an additional 6,922 shares in the last quarter. Kestra Advisory Services LLC lifted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 19.1% during the third quarter. Kestra Advisory Services LLC now owns 1,068,734 shares of the company’s stock worth $19,451,000 after purchasing an additional 171,330 shares during the last quarter. Commonwealth Equity Services LLC purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 3rd quarter worth approximately $6,918,000. Parr Mcknight Wealth Management Group LLC lifted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 3.9% in the third quarter. Parr Mcknight Wealth Management Group LLC now owns 346,594 shares of the company’s stock worth $6,308,000 after acquiring an additional 12,875 shares during the last quarter. Finally, NorthAvenue LLC boosted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 3.2% during the 3rd quarter. NorthAvenue LLC now owns 278,081 shares of the company’s stock worth $5,061,000 after acquiring an additional 8,666 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

Invesco BulletShares 2029 Corporate Bond ETF stock opened at $18.37 on Friday. The company’s 50-day moving average price is $18.31 and its two-hundred day moving average price is $18.57. Invesco BulletShares 2029 Corporate Bond ETF has a twelve month low of $18.16 and a twelve month high of $18.94.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were paid a dividend of $0.0703 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.6%. This is a positive change from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.0688. The ex-dividend date was Monday, October 19th.

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.