AMJ Financial Wealth Management Makes New $5.09 Million Investment in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT)

AMJ Financial Wealth Management acquired a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 280,495 shares of the company’s stock, valued at approximately $5,094,000.

A number of other hedge funds also recently added to or reduced their stakes in BSCT. Raymond James & Associates lifted its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 96.3% in the 2nd quarter. Raymond James & Associates now owns 1,491,090 shares of the company’s stock valued at $27,078,000 after buying an additional 731,566 shares during the period. RiverFront Investment Group LLC acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 1st quarter valued at approximately $12,317,000. Jane Street Group LLC lifted its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 67.8% in the 1st quarter. Jane Street Group LLC now owns 1,641,673 shares of the company’s stock valued at $30,043,000 after buying an additional 663,356 shares during the period. Aptus Capital Advisors LLC lifted its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 33.5% in the 2nd quarter. Aptus Capital Advisors LLC now owns 1,571,570 shares of the company’s stock valued at $28,540,000 after buying an additional 393,985 shares during the period. Finally, Hills Bank & Trust Co acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 2nd quarter valued at approximately $6,954,000.

Invesco BulletShares 2029 Corporate Bond ETF Stock Up 0.1 %

Shares of BSCT traded up $0.02 during mid-day trading on Tuesday, hitting $18.84. The company’s stock had a trading volume of 8,420 shares, compared to its average volume of 315,293. Invesco BulletShares 2029 Corporate Bond ETF has a 1-year low of $17.18 and a 1-year high of $18.87. The firm has a 50-day simple moving average of $18.52 and a 200 day simple moving average of $18.28.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were paid a $0.075 dividend. This is an increase from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a $0.90 annualized dividend and a yield of 4.78%. The ex-dividend date of this dividend was Monday, August 19th.

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.