Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sees Strong Trading Volume – Here’s Why

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) saw unusually-high trading volume on Wednesday . Approximately 303,745 shares were traded during mid-day trading, a decline of 16% from the previous session’s volume of 360,682 shares.The stock last traded at $18.59 and had previously closed at $18.56.

Invesco BulletShares 2029 Corporate Bond ETF Stock Down 0.2 %

The firm’s 50 day moving average price is $18.51 and its 200-day moving average price is $18.50.

Invesco BulletShares 2029 Corporate Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were paid a dividend of $0.0687 per share. The ex-dividend date was Monday, November 18th.

Institutional Trading of Invesco BulletShares 2029 Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Raymond James & Associates grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 71.1% in the 3rd quarter. Raymond James & Associates now owns 2,550,819 shares of the company’s stock worth $47,981,000 after purchasing an additional 1,059,729 shares during the period. Aptus Capital Advisors LLC raised its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 37.6% during the 3rd quarter. Aptus Capital Advisors LLC now owns 2,162,775 shares of the company’s stock valued at $40,682,000 after purchasing an additional 591,205 shares during the period. Capital Investment Counsel LLC lifted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 189.8% in the third quarter. Capital Investment Counsel LLC now owns 686,832 shares of the company’s stock valued at $12,919,000 after acquiring an additional 449,824 shares in the last quarter. Hills Bank & Trust Co boosted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 116.3% in the 3rd quarter. Hills Bank & Trust Co now owns 828,201 shares of the company’s stock worth $15,578,000 after purchasing an additional 445,291 shares during the period. Finally, Avior Wealth Management LLC boosted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 20.4% during the third quarter. Avior Wealth Management LLC now owns 1,969,430 shares of the company’s stock worth $37,045,000 after acquiring an additional 333,314 shares during 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.