Kinetic Wealth Investment Advisors LLC Buys New Position in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Kinetic Wealth Investment Advisors LLC bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) during the second quarter, HoldingsChannel reports. The institutional investor bought 176,303 shares of the company’s stock, valued at approximately $3,275,000. Invesco BulletShares 2029 Corporate Bond ETF comprises 1.5% of Kinetic Wealth Investment Advisors LLC’s portfolio, making the stock its 11th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BSCT. IFP Advisors Inc lifted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 21.5% during the fourth 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. Aspen Investment Management Inc lifted its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 0.4% in the first quarter. Aspen Investment Management Inc now owns 151,230 shares of the company’s stock valued at $2,822,000 after purchasing an additional 575 shares in the last quarter. Waverly Advisors LLC boosted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 2.4% in the first quarter. Waverly Advisors LLC now owns 25,868 shares of the company’s stock worth $483,000 after buying an additional 611 shares during the period. Rockefeller Capital Management L.P. boosted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 41.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,313 shares of the company’s stock worth $44,000 after buying an additional 681 shares during the period. Finally, Western Wealth Management LLC grew its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 3.2% during the first quarter. Western Wealth Management LLC now owns 22,355 shares of the company’s stock valued at $417,000 after buying an additional 700 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

NASDAQ:BSCT opened at $18.47 on Tuesday. Invesco BulletShares 2029 Corporate Bond ETF has a 1-year low of $18.42 and a 1-year high of $18.97. The business’s fifty day moving average price is $18.53 and its 200 day moving average price is $18.62.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were issued a $0.0702 dividend. The ex-dividend date was Monday, August 24th. This represents a c) 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 $0.07.

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.