Clearstead Advisors LLC Acquires 279,907 Shares of Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Clearstead Advisors LLC boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 9.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,400,609 shares of the company’s stock after acquiring an additional 279,907 shares during the quarter. Invesco BulletShares 2029 Corporate Bond ETF accounts for about 0.8% of Clearstead Advisors LLC’s investment portfolio, making the stock its 26th largest position. Clearstead Advisors LLC’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $64,050,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in BSCT. PNC Financial Services Group Inc. bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 4th quarter valued at about $32,000. AlphaCore Capital LLC bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 4th quarter valued at about $34,000. IFP Advisors Inc increased its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 21.5% during the 4th quarter. IFP Advisors Inc now owns 3,114 shares of the company’s stock valued at $59,000 after purchasing an additional 551 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 4th quarter valued at about $60,000. Finally, JPL Wealth Management LLC bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 3rd quarter valued at about $63,000.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2029 Corporate Bond ETF stock opened at $18.55 on Monday. The business’s 50-day moving average price is $18.66 and its 200-day moving average price is $18.78. Invesco BulletShares 2029 Corporate Bond ETF has a 12 month low of $18.46 and a 12 month high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

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

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.