Exchange Capital Management Inc. Has $3.09 Million Stock Holdings in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT)

Exchange Capital Management Inc. increased its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 38.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 168,744 shares of the company’s stock after acquiring an additional 47,134 shares during the quarter. Exchange Capital Management Inc.’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $3,088,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Davis Capital Management raised its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 9.2% during the 1st quarter. Davis Capital Management now owns 7,942 shares of the company’s stock worth $145,000 after purchasing an additional 670 shares during the last quarter. Capital Investment Advisors LLC raised its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 6.0% during the 4th quarter. Capital Investment Advisors LLC now owns 20,449 shares of the company’s stock worth $379,000 after purchasing an additional 1,154 shares during the last quarter. Ancora Advisors LLC raised its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 301.8% during the 3rd quarter. Ancora Advisors LLC now owns 1,764 shares of the company’s stock worth $31,000 after purchasing an additional 1,325 shares during the last quarter. Butensky & Cohen Financial Security Inc. raised its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 2.7% during the 1st quarter. Butensky & Cohen Financial Security Inc. now owns 60,038 shares of the company’s stock worth $1,099,000 after purchasing an additional 1,558 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 8.6% during the 4th quarter. First Horizon Advisors Inc. now owns 20,143 shares of the company’s stock worth $374,000 after purchasing an additional 1,600 shares during the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Up 0.2 %

Invesco BulletShares 2029 Corporate Bond ETF stock traded up $0.04 during mid-day trading on Tuesday, hitting $18.16. 316,797 shares of the stock were exchanged, compared to its average volume of 301,197. Invesco BulletShares 2029 Corporate Bond ETF has a 12 month low of $17.18 and a 12 month high of $18.58. The firm’s fifty day simple moving average is $18.13 and its two-hundred day simple moving average is $18.23.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a $0.0722 dividend. The ex-dividend date was Monday, June 24th. This represents a $0.87 annualized dividend and a dividend yield of 4.77%.

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.