Independent Advisor Alliance Acquires New Position in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT)

Independent Advisor Alliance purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 817,497 shares of the company’s stock, valued at approximately $14,993,000. Independent Advisor Alliance owned approximately 0.86% of Invesco BulletShares 2029 Corporate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Tassel Capital Management Inc. acquired a new stake in Invesco BulletShares 2029 Corporate Bond ETF during the fourth quarter worth approximately $270,000. G2 Capital Management LLC OH grew its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 1.1% during the fourth quarter. G2 Capital Management LLC OH now owns 81,611 shares of the company’s stock worth $1,497,000 after acquiring an additional 918 shares during the last quarter. Coordinated Financial Services Inc. purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the fourth quarter worth approximately $309,000. United Community Bank purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the fourth quarter worth approximately $101,000. Finally, Atlantic Union Bankshares Corp grew its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 8.7% during the fourth quarter. Atlantic Union Bankshares Corp now owns 916,589 shares of the company’s stock worth $16,810,000 after acquiring an additional 73,417 shares during the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

Shares of BSCT opened at $18.50 on Monday. The company’s 50 day simple moving average is $18.38 and its 200-day simple moving average is $18.52. Invesco BulletShares 2029 Corporate Bond ETF has a 12-month low of $17.84 and a 12-month high of $18.96.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were paid a dividend of $0.0671 per share. The ex-dividend date of this dividend was Monday, February 24th.

Invesco BulletShares 2029 Corporate Bond ETF Company 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.