Redmond Asset Management LLC Acquires 3,870 Shares of Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Redmond Asset Management LLC grew its position in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 24.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 19,664 shares of the company’s stock after purchasing an additional 3,870 shares during the period. Redmond Asset Management LLC’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $368,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hager Investment Management Services LLC purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the first quarter valued at $30,000. Angeles Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the second quarter valued at $39,000. BankPlus Trust Department purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the second quarter valued at $48,000. IFP Advisors Inc raised its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 175.7% in the second quarter. IFP Advisors Inc now owns 2,550 shares of the company’s stock valued at $48,000 after acquiring an additional 1,625 shares during the period. Finally, Berkshire Money Management Inc. purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the second quarter valued at $51,000.

Invesco BulletShares 2029 Corporate Bond ETF Stock Up 0.1%

BSCT stock opened at $18.88 on Wednesday. Invesco BulletShares 2029 Corporate Bond ETF has a 12 month low of $18.14 and a 12 month high of $18.97. The firm’s 50-day moving average is $18.85 and its 200 day moving average is $18.69.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 24th. Investors of record on Monday, October 20th were paid a $0.0698 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, October 20th.

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.