Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sees Strong Trading Volume – Here’s What Happened

Shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) saw an uptick in trading volume on Thursday . 542,512 shares traded hands during mid-day trading, a decline of 31% from the previous session’s volume of 782,991 shares.The stock last traded at $18.33 and had previously closed at $18.31.

Invesco BulletShares 2029 Corporate Bond ETF Trading Up 0.2 %

The business has a 50-day moving average of $18.40 and a 200 day moving average of $18.52.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.0707 dividend. This is an increase from Invesco BulletShares 2029 Corporate Bond ETF’s previous dividend of $0.07. The ex-dividend date was Monday, December 23rd.

Institutional Trading of Invesco BulletShares 2029 Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 3rd quarter valued at $26,000. FMR LLC purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF during the third quarter valued at $38,000. AdvisorNet Financial Inc bought a new stake in Invesco BulletShares 2029 Corporate Bond ETF during the fourth quarter valued at about $54,000. Everpar Advisors LLC purchased a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the third quarter worth about $194,000. Finally, Creative Planning bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the third quarter worth about $204,000.

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.