Red Spruce Capital LLC Reduces Stake in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Red Spruce Capital LLC reduced its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 58.9% in the fourth quarter, Holdings Channel reports. The fund owned 81,922 shares of the company’s stock after selling 117,293 shares during the quarter. Red Spruce Capital LLC’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $1,543,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of BSCT. Horizons Wealth Management increased its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 0.9% during the 4th quarter. Horizons Wealth Management now owns 218,064 shares of the company’s stock worth $4,107,000 after purchasing an additional 2,038 shares during the last quarter. Legacy Wealth Management LLC MS lifted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 32.4% in the fourth quarter. Legacy Wealth Management LLC MS now owns 97,781 shares of the company’s stock valued at $1,842,000 after purchasing an additional 23,920 shares during the last quarter. Newport Capital Group LLC bought a new position in Invesco BulletShares 2029 Corporate Bond ETF during the third quarter valued at $786,000. Asset Dedication LLC grew its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 7.5% during the third quarter. Asset Dedication LLC now owns 552,493 shares of the company’s stock valued at $10,392,000 after purchasing an additional 38,540 shares during the period. Finally, Captrust Financial Advisors increased its position in Invesco BulletShares 2029 Corporate Bond ETF by 10.5% in the third quarter. Captrust Financial Advisors now owns 159,350 shares of the company’s stock worth $2,997,000 after buying an additional 15,126 shares during the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

Shares of BSCT opened at $18.71 on Friday. The stock’s fifty day moving average price is $18.84 and its two-hundred day moving average price is $18.84. Invesco BulletShares 2029 Corporate Bond ETF has a 1 year low of $18.14 and a 1 year high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were issued a $0.0674 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) annualized dividend and a yield of 4.3%.

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.