Straight Path Wealth Management Boosts Stake in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Straight Path Wealth Management grew its position in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 32.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 218,930 shares of the company’s stock after acquiring an additional 53,638 shares during the quarter. Invesco BulletShares 2029 Corporate Bond ETF comprises 1.0% of Straight Path Wealth Management’s portfolio, making the stock its 20th biggest position. Straight Path Wealth Management owned about 0.17% of Invesco BulletShares 2029 Corporate Bond ETF worth $4,118,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Lido Advisors LLC grew its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 3.5% during the 2nd quarter. Lido Advisors LLC now owns 6,031,301 shares of the company’s stock worth $112,785,000 after purchasing an additional 205,298 shares during the period. Raymond James Financial Inc. lifted its position in Invesco BulletShares 2029 Corporate Bond ETF by 9.2% during the second quarter. Raymond James Financial Inc. now owns 4,403,485 shares of the company’s stock valued at $82,345,000 after buying an additional 371,271 shares in the last quarter. Invesco Ltd. grew its stake in Invesco BulletShares 2029 Corporate Bond ETF by 18.5% during the second quarter. Invesco Ltd. now owns 2,536,166 shares of the company’s stock worth $47,426,000 after buying an additional 395,428 shares during the period. Manchester Financial Inc. acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the second quarter worth $42,899,000. Finally, Hills Bank & Trust Co raised its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 2.8% in the 2nd quarter. Hills Bank & Trust Co now owns 2,143,374 shares of the company’s stock valued at $40,081,000 after acquiring an additional 57,966 shares during the period.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

NASDAQ:BSCT opened at $18.81 on Tuesday. The firm’s fifty day simple moving average is $18.83 and its 200 day simple moving average is $18.81. Invesco BulletShares 2029 Corporate Bond ETF has a twelve month low of $18.14 and a twelve month high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were paid a $0.0694 dividend. The ex-dividend date was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

Invesco BulletShares 2029 Corporate Bond ETF Company 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.