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

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) shares saw unusually-high trading volume on Friday . Approximately 1,524,506 shares were traded during trading, an increase of 337% from the previous session’s volume of 348,600 shares.The stock last traded at $18.38 and had previously closed at $18.42.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

The company has a fifty day simple moving average of $18.71 and a 200-day simple moving average of $18.42.

Invesco BulletShares 2029 Corporate Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were issued a dividend of $0.069 per share. The ex-dividend date was Monday, October 21st. This represents a $0.83 annualized dividend and a yield of 4.50%.

Institutional Trading of Invesco BulletShares 2029 Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of BSCT. Raymond James & Associates grew its stake in Invesco BulletShares 2029 Corporate Bond ETF by 71.1% during the 3rd quarter. Raymond James & Associates now owns 2,550,819 shares of the company’s stock valued at $47,981,000 after acquiring an additional 1,059,729 shares in the last quarter. RiverFront Investment Group LLC purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF during the 1st quarter valued at about $12,317,000. Jane Street Group LLC grew its stake in Invesco BulletShares 2029 Corporate Bond ETF by 67.8% during the 1st quarter. Jane Street Group LLC now owns 1,641,673 shares of the company’s stock valued at $30,043,000 after acquiring an additional 663,356 shares in the last quarter. Hills Bank & Trust Co grew its stake in Invesco BulletShares 2029 Corporate Bond ETF by 116.3% during the 3rd quarter. Hills Bank & Trust Co now owns 828,201 shares of the company’s stock valued at $15,578,000 after acquiring an additional 445,291 shares in the last quarter. Finally, Aptus Capital Advisors LLC grew its stake in Invesco BulletShares 2029 Corporate Bond ETF by 33.5% during the 2nd quarter. Aptus Capital Advisors LLC now owns 1,571,570 shares of the company’s stock valued at $28,540,000 after acquiring an additional 393,985 shares in the last quarter.

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.