MAI Capital Management Raises Stock Position in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

MAI Capital Management raised its stake in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 6.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,786,790 shares of the company’s stock after acquiring an additional 115,433 shares during the period. MAI Capital Management owned 1.40% of Invesco BulletShares 2029 Corporate Bond ETF worth $33,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of BSCT. Hengehold Capital Management LLC increased its stake in Invesco BulletShares 2029 Corporate Bond ETF by 3.6% in the third quarter. Hengehold Capital Management LLC now owns 15,586 shares of the company’s stock valued at $293,000 after purchasing an additional 547 shares during the period. Accurate Wealth Management LLC boosted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 2.2% in the third quarter. Accurate Wealth Management LLC now owns 28,851 shares of the company’s stock valued at $546,000 after buying an additional 617 shares in the last quarter. Compound Planning Inc. grew its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 6.9% during the 3rd quarter. Compound Planning Inc. now owns 12,278 shares of the company’s stock worth $231,000 after purchasing an additional 792 shares during the period. Optimum Investment Advisors grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 24.2% during the third quarter. Optimum Investment Advisors now owns 4,100 shares of the company’s stock worth $77,000 after buying an additional 800 shares during the period. Finally, Cypress Wealth Services LLC grew its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 1.9% in the 3rd quarter. Cypress Wealth Services LLC now owns 47,671 shares of the company’s stock worth $897,000 after acquiring an additional 908 shares during the period.

Invesco BulletShares 2029 Corporate Bond ETF Stock Down 0.1%

NASDAQ:BSCT opened at $18.88 on Wednesday. The stock has a fifty day simple moving average of $18.86 and a 200-day simple moving average of $18.84. Invesco BulletShares 2029 Corporate Bond ETF has a 52-week low of $18.14 and a 52-week high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be paid a $0.0674 dividend. The ex-dividend date of this dividend is Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.