Lido Advisors LLC Makes New $102.18 Million Investment in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Lido Advisors LLC purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 5,614,231 shares of the company’s stock, valued at approximately $102,179,000. Lido Advisors LLC owned 3.33% of Invesco BulletShares 2029 Corporate Bond ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. OLD Second National Bank of Aurora purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 3rd quarter worth $48,000. Eastern Bank purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 3rd quarter worth $61,000. Advisortrust Partners LLC purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 1st quarter worth $74,000. Marquette Asset Management LLC purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 3rd quarter worth $80,000. Finally, IFP Advisors Inc increased its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 80.7% in the 3rd quarter. IFP Advisors Inc now owns 6,046 shares of the company’s stock worth $110,000 after purchasing an additional 2,701 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Down 0.4%

BSCT stock opened at $18.31 on Wednesday. The business’s 50-day moving average price is $18.30 and its 200-day moving average price is $18.57. Invesco BulletShares 2029 Corporate Bond ETF has a twelve month low of $18.16 and a twelve month high of $18.94.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were given a dividend of $0.0703 per share. The ex-dividend date was Monday, October 19th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.6%. This is an increase from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.0688.

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.