Manchester Financial Inc. Sells 80,045 Shares of Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Manchester Financial Inc. decreased its holdings in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 3.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,213,996 shares of the company’s stock after selling 80,045 shares during the quarter. Invesco BulletShares 2029 Corporate Bond ETF accounts for approximately 8.3% of Manchester Financial Inc.’s investment portfolio, making the stock its 2nd biggest holding. Manchester Financial Inc. owned 1.77% of Invesco BulletShares 2029 Corporate Bond ETF worth $41,645,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. VestGen Advisors LLC boosted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 16.8% during the second quarter. VestGen Advisors LLC now owns 261,888 shares of the company’s stock valued at $4,918,000 after buying an additional 37,584 shares during the last quarter. Baird Financial Group Inc. lifted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 6.8% during the 2nd quarter. Baird Financial Group Inc. now owns 804,685 shares of the company’s stock valued at $15,048,000 after acquiring an additional 51,316 shares in the last quarter. Royal Bank of Canada lifted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 11.1% during the 1st quarter. Royal Bank of Canada now owns 1,632,719 shares of the company’s stock valued at $30,254,000 after acquiring an additional 162,618 shares in the last quarter. Central Valley Advisors LLC boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 6.1% during the 2nd quarter. Central Valley Advisors LLC now owns 505,652 shares of the company’s stock worth $9,456,000 after acquiring an additional 29,256 shares during the last quarter. Finally, Angeles Wealth Management LLC purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF during the 2nd quarter worth $39,000.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

Shares of BSCT stock opened at $18.79 on Wednesday. The firm has a 50-day moving average of $18.84 and a 200-day moving average of $18.78. Invesco BulletShares 2029 Corporate Bond ETF has a one year low of $18.14 and a one year high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 22nd will be paid a $0.0701 dividend. This is a positive change from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date is Monday, December 22nd. This represents a c) annualized dividend and a yield of 4.5%.

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.