Horizons Wealth Management Makes New $4.23 Million Investment in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Horizons Wealth Management purchased a new stake in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 232,358 shares of the company’s stock, valued at approximately $4,229,000. Invesco BulletShares 2029 Corporate Bond ETF makes up about 2.6% of Horizons Wealth Management’s investment portfolio, making the stock its 10th biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BSCT. Rockefeller Capital Management L.P. boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 41.7% during 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 in the last quarter. Topsail Wealth Management LLC increased its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 60.0% in the first quarter. Topsail Wealth Management LLC now owns 2,400 shares of the company’s stock valued at $45,000 after buying an additional 900 shares in the last quarter. Eastern Bank acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 3rd quarter valued at approximately $61,000. Advisortrust Partners LLC acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 1st quarter valued at approximately $74,000. Finally, Van Hulzen Asset Management LLC purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 2nd quarter worth approximately $187,000.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

Shares of BSCT traded up $0.01 on Monday, reaching $18.21. The stock had a trading volume of 266,448 shares, compared to its average volume of 678,158. Invesco BulletShares 2029 Corporate Bond ETF has a twelve month low of $18.16 and a twelve month high of $18.94. The firm has a 50-day moving average of $18.43 and a 200 day moving average of $18.55.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a $0.0688 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Monday, September 21st. This is a negative change from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.0702.

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.