Brown Financial Advisory Boosts Stock Position in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Brown Financial Advisory raised its stake in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 40.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,730 shares of the company’s stock after purchasing an additional 6,534 shares during the period. Brown Financial Advisory’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the business. MGO One Seven LLC boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 37.2% in the second quarter. MGO One Seven LLC now owns 137,713 shares of the company’s stock worth $2,575,000 after acquiring an additional 37,373 shares in the last quarter. Bill Few Associates Inc. acquired a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the second quarter worth about $217,000. G2 Capital Management LLC OH boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 1.2% in the second quarter. G2 Capital Management LLC OH now owns 83,486 shares of the company’s stock worth $1,561,000 after acquiring an additional 970 shares in the last quarter. CWM LLC boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 0.6% in the second quarter. CWM LLC now owns 573,769 shares of the company’s stock worth $10,729,000 after acquiring an additional 3,511 shares in the last quarter. Finally, First Fiduciary Investment Counsel Inc. boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 50.8% in the second quarter. First Fiduciary Investment Counsel Inc. now owns 17,550 shares of the company’s stock worth $328,000 after acquiring an additional 5,910 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

Shares of NASDAQ BSCT opened at $18.91 on Wednesday. The business has a 50-day simple moving average of $18.82 and a two-hundred day simple moving average of $18.66. Invesco BulletShares 2029 Corporate Bond ETF has a fifty-two week low of $18.14 and a fifty-two week high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 22nd. Shareholders of record on Monday, August 18th were issued a $0.0778 dividend. This is a boost from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Monday, August 18th.

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.